Former JP Morgan Banker Charged With Bribery in Hong Kong

Caixin Global | May 17, 2019 at 7:40 PM
  • Hong Kong’s corruption watchdog has charged a former managing director of JP Morgan Securities (Asia Pacific) Ltd. (JPMS) with bribery, alleging she offered a job to the son of the chairman of a logistics company to help the bank win work on its initial public offering.
  • Leung is the latest former senior JP Morgan executive in Asia to be ensnared in the scandal.
  • Fang Fang, who was chief executive of JP Morgan Chase’s China investment banking business until his departure in March 2014, was arrested in May that year as part of the investigation.