Ex-JPMorgan chief says he followed hiring procedures

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Charles Li, the chief executive of Hong Kong Exchanges & Clearing, said he followed internal hiring procedures in his former role as the China chairman of JPMorgan.

Bloomberg News reports that the statement from Li came in response to a report in the Wall Street Journal Monday which said he had recommended the bank employ children and acquaintances of Chinese officials during his time at JPMorgan, citing people familiar with the matter and emails it said had been written by him.

In his statement, Li said he couldn’t recall specific aspects of the JPMorgan hiring program or of hiring decisions based on referrals.

To access the complete Bloomberg News article hit the link below:

HKEX's Li Says He Followed Hiring Procedures at JPMorgan

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