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HK authorities search office of outgoing JPMorgan exec

  • Hong Kong's Independent Commission Against Corruption has searched the office of Fang Fang, the outgoing head of JPMorgan's (JPM) China investment banking operations, and taken computer records and documents, Bloomberg reports.
  • Fang, who quit earlier this month, is a key figure in the probe into JPMorgan's hiring practices in Asia.
Comments (3)
  • june1234
    , contributor
    Comments (2512) | Send Message
     
    Search before he leaves not after, dummies.
    30 Mar, 06:16 AM Reply Like
  • minecanary
    , contributor
    Comments (412) | Send Message
     
    Uh-oh, JPM de-Fanged? Think those notes could be a big help in the Chinese anti-corruption drive. It's my guess that's why they are being put under lock and key. Maybe when they find Jamie's hand written notes, it will be enough to charge him.
    30 Mar, 05:32 PM Reply Like
  • Piezuri
    , contributor
    Comments (4) | Send Message
     
    ...They should check the office of the Italian guy who runs the Asian Equity business. This guy lost his licence in Europe for insider trading a few yrs back (on file with FINRA) and to hide him the firm sent him to Hong Kong; why because he is very close with the head of global equity? Belive it or not he somehow got promoted to run Asain equities for JPM. Its true its not what you know but who! How can someone with that history be running a business, any business...Got so bad many quit and JPM Asian equity business now is an absolute joke...JPM in Asia got lots of skeletons in the closets...Fang-Fang just one of them...Caveat emptor!
    31 Mar, 12:19 AM Reply Like
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