Investigation into JPMorgan's hiring expands

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

A probe into JPMorgan's (JPM) recruitment practices has widened, with the SEC issuing subpoenas related to the bank's employment of job candidates referred by customers, potential customers and government officials, to the hiring of certain former workers in Hong Kong, and to other matters.

The Department of Justice has requested information as well, while authorities outside the U.S. are looking into the issue too.

JPMorgan has also joined the lengthening list of banks that have disclosed being involved in an investigation into possible forex manipulation. (10-Q)