IFR Chinese Bankers

Chinese bankers: The move comes after U.S. federal officials launched a separate probe into employment practices at JPMorgan Chase Co, reviewing the circumstances behind the U.S. bank's hiring of well connected Chinese bankers. That investigation has prompted investment banks across Greater China to look into the roles of certain Chinese bankers. , according to Reuters. The effective suspension of the two bankers comes after an internal probe into the hiring of Joyce Wei, the daughter of the chairman of Chinese industrial company, Tianhe Chemicals. Swiss bank UBS AG has put two bankers on leave as part of an internal investigation into the hiring of a close relative connected to a potential Chinese corporate client, IFR reported on Monday. Joseph Chee, head of capital market solutions at UBS, and colleague Sharlyn Wu, were put on leave last week, IFR reported, citing unnamed sources. IFR, a Thomson publication, did not identify Wu's current title. (www.immigrantscanada.com). As reported in the news.