Hong Kong ICAC Said to Search Outgoing JPMorgan CEO’s Office

Lock
This article is for subscribers only.

Hong Kong’s anti-corruption agency searched a JPMorgan Chase & Co. office in the city March 26 amid a U.S. investigation into the bank’s hiring practices, according to two people with knowledge of the matter.

The Independent Commission Against Corruption seized computer records and documents after searching the office of Fang Fang, the company’s outgoing chief executive officer for China investment banking, said the people, who asked not to be identified because the investigation is confidential.