Credit Suisse settles ‘princeling program’ FCPA offenses for $76.7 million

Credit Suisse Group AG and its Hong Kong unit agreed Thursday to pay the DOJ and SEC $76.7 million for a referral hiring scheme that violated the Foreign Corrupt Practices Act.

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Credit Suisse discloses FCPA investigation for Asia hiring practices

Banking giant Credit Suisse Group AG said Wednesday the DOJ and SEC are investigating its hiring practices in the Asia Pacific region.

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Job: Global Head of Anti-Corruption Compliance – Executive Director

Job Title: Corporate – Global Head of Anti-Corruption Compliance – Executive Director

Employer: JPMorgan Chase & Co.

Location: New York, NY

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Feds investigate Citigroup for ‘princeling’ hiring practices

Citigroup Inc. said Friday it is being investigated for hiring practices that might violate the FCPA.

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Job: Corporate - Anti-Corruption Compliance - Vice President (JPMorgan Chase - New York, NY)

Job Title: Corporate - Anti-Corruption Compliance - Vice President

Employer: JPMorgan Chase

Location: New York, NY

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JPMorgan lands on the FCPA Top Ten Disgorgement List

Last week's $264 million enforcement action against JPMorgan Chase included disgorgement to the SEC of $130.5 million -- the seventh biggest FCPA disgorgement of all time.

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Julie DiMauro on cheating trainees: A future where training and compliance are merged

Reports of trainee bankers cheating on internal exams at JP Morgan's New York office and at Goldman Sachs in London and New York point to the need to prepare for a future in which training and compliance are merged.

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Dan Appelman: Reducing enforcement risks for inadequate cybersecurity protections

Target, Sony, JP Morgan Chase, Home Depot, Neiman Marcus, Anthem and others have already reported significant security breaches. So it's not surprising that the federal government and states are becoming increasingly aware of the need for strong data protection laws and their enforcement.

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Ex-JPMorgan Chase banker admits taking bribes in mortgage auctions

A former JPMorgan Chase banker pleaded guilty in federal court in San Diego Friday to taking bribes to influence mortgage sales.

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Job: Global Compliance / Legal Senior Audit Manager

Job Title: Global Compliance/Legal Senior Audit Manager

Employer: JPMorgan Chase

Location: New York, New York

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Dealbook: China regulator asked JPMorgan CEO Dimon to hire family friend

A top Chinese regulator with influence over insurance companies personally asked JPMorgan's chief executive Jamie Dimon for a “favor” to hire a young job applicant, the New York Times' Dealbook said Sunday.

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Board committees and the culture of compliance

Boards of directors in global companies are showing an increased interest in establishing financial crime committees and hiring notable experts to advise them.

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