(Bloomberg) -- Goldman Sachs Group and Deutsche Bank AG are among five Wall Street firms in addition to JPMorgan Chase whose hiring practices in China are being probed by U.S. regulators, the New York Times reported.
Citigroup, Morgan Stanley and Zurich-based Credit Suisse Group AG also are facing SEC investigations, which are at an early stage, the newspaper said yesterday, citing interviews with people briefed on the matter. JPMorgan recently gave authorities spreadsheets and e-mails detailing the firms Sons and Daughters hiring program, according to the Times.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access