Credit Suisse settles U.S. criminal probe over Chinese hiring scheme

July 5, 2018 admin Business News Comments Off on Credit Suisse settles U.S. criminal probe over Chinese hiring scheme

(Reuters) – Credit Suisse Group AG agreed to pay about $77 million to settle U.S. criminal and civil probes over its alleged scheme to corruptly win banking business by awarding jobs to friends and family of Chinese government officials.

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Source:: Reuters – Business News