Citigroup Inc. on Friday confirmed it is being investigated over hiring practices that could violate foreign-bribery laws. The bank said in a regulatory filing that the Securities and Exchange Commission and other U.S. agencies “are conducting investigations or making inquiries” to determine if banks gave preferential treatment to foreign-government officials “with respect to the hiring of candidates.”J.P. Morgan Chase &...

Source: Wall Street Journal February 24, 2017 23:03 UTC