Thursday, April 24, 2014   

UBS 'suspend HK bankers amid probe'
(02-10 18:27)

Swiss bank, UBS, is said to have suspended two Hong Kong-based bankers amid an internal investigation into the bank's hiring practices.
This follows reports that US authorities have launched a bribery investigation related to the employment of the children of powerful mainland figures to clinch big deals.
Reuters news agency said the head of capital market solutions for Asia, Joseph Chee, and his subordinate, Sharlyn Wu, were placed on leave last week. --RTHK   
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