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JPMorgan Chase to pay bribery fines

JPMorgan Chase & Co has agreed to pay more than US$130 million to settle charges brought against it by the Securities and Exchange Commission (SEC) after winning business from clients and corruptly influencing government officials in Asia Pacific by employing relatives and friends.

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Read more: CoSECJPMorgan ChaseFCPAAsia PacificExchange CommissionRevenueSecurities Exchange Act ofAndrew CeresneyAsia-PacificChief ofFederal Reserve Board of GovernorsForeign Corrupt Practices ActJustice DepartmentKara Brockmeyer