Top JPMorgan China Banker Resigns Amid Hiring Probe

The senior executive’s impending departure comes amid an investigation into JPMorgan Chase & Co. (NYSE:JPM)’s Asian hiring practices.

Though a key figure for U.S. investigators, Fang hasn’t been accused of any wrongdoing.

JPMorgan in hiring probe

Last year, JPMorgan Chase & Co. (NYSE:JPM) was under the eyes of regulators. The bank has been associated with preferential treatment in allocating jobs to the sons and daughters of powerful officials across Asia. The Sons and Daughters program was instituted by JPMorgan Chase & Co to avoid favoritism in the allocation...