Morning Scan: JPMorgan Probe Reaches Top of Chinese Ranks; Prepaid C...

Receiving Wide Coverage ...

Chinese Connections: U.S. officials' investigation of potential violation of antibribery laws is reaching to some of the highest levels of the Chinese government. Two agencies, the Securities and Exchange Commission and the Justice Department, have subpoenaed JPMorgan Chase for information about Wang Qishan, one of seven members of the Chinese politburo that rules the country, the Wall Street Journal and Financial Times reported, citing a copy of the April 29 subpoena and...