Citigroup faces probe over hiring

摘要

citicroup is the latest bank to say it is being investigated by the US Securities and Exchange Commission over its hiring policies, drawing renewed attention to the recruitment practices of bulge bracket firms in Asia. The US bank said in a regulatory filing that government agencies including the SEC "are conducting investigations or making inquiries ... with respect to the hiring of candidates referred by or related to foreign government officials". The filing did not make reference to specific countries or regions. A spokesperson for the bank declined to comment.