U.S. officials say JPMorgan Chase has been cooperating with American investigators looking into the bank's hiring practices in Asia. Seth Wenig/AP hide caption toggle caption Seth Wenig/AP The Two-Way JPMorgan Chase Paying $264 Million To Settle Allegations Of Nepotism In China November 17, 2016 U.S. officials say the bank had a program to hire the friends and relatives of Chinese government officials who could send business its way.