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Regulators Step Up Probe Into Bank Hiring Overseas
The Wall Street Journal (online registration required): U.S. regulators have expanded their investigation into large banks' hiring practices in Asia, seeking more information from at least five U.S. and European firms, according to people close to the probe.
The Securities and Exchange Commission in early March sent letters to a group of companies including Credit Suisse Group AG, Goldman Sachs Group Inc., Morgan Stanley, Citigroup Inc. and UBS AG seeking more information about their...
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