Credit Suisse pays U.S. $77 million to settle Asia hiring corruption probes

July 5, 2018 admin Business News Comments Off on Credit Suisse pays U.S. $77 million to settle Asia hiring corruption probes

(Reuters) – Credit Suisse Group AG agreed to pay about $77 million to settle U.S. bribery probes into its awarding of jobs to family and friends of Chinese and other government officials in the Asia-Pacific region, to win lucrative investment banking business.

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Source:: Reuters – Business News