Former JPMorgan Executive Arrested by HK's Graft Fighter

Fang Fang

(Hong Kong) – The former chief executive officer of JPMorgan Chase & Co.'s China investment bank has been arrested by Hong Kong's Independent Commission Against Corruption (ICAC), two individuals close to the matter say.

Fang Fang was released on bail and told not to leave the city, one of the sources, who refused to be named, said.