Morning Scan: HSBC's Asian Hiring Probed; Courts Hear Home Tric...

Receiving Wide Coverage ...

Asian Hiring Probe: HSBC is the latest bank to be probed over potential conflicts in hiring candidates referred by or related to high-ranking government officials in Asia. The Securities and Exchange Commission is investigating HSBC and "multiple financial institutions" for their hiring practices, HSBC said during its earnings report. JPMorgan Chase was investigated, starting in 2013, for hiring the children of Chinese officials, in exchange for allegedly receiving preferential treatment on deals. ...