U.S. expands China hiring probe to Morgan Stanley

(Reuters) - The U.S. Justice Department is probing Morgan Stanley for its hiring practices in China as part of an industry-wide investigation by the government into whether banks' employment of politically connected Chinese breached U.S. bribery laws, according to people familiar with the matter. As part of the industry sweep, the U.S. Securities and Exchange Commission sent letters to Morgan Stanley and other banks, including Goldman Sachs and Citigroup, seeking information about their hiring practices, according to several people familiar with the matter. The SEC has asked the financial services firms to provide information about their hiring of the relatives of government officials in China, said two people, who were not authorized to speak publicly.

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