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Episode details

World Service,20 Aug 2013,55 mins

JP Morgan and the Art of Nepotism

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JP Morgan is investigated for alleged nepotism in China, hiring relatives of powerful people in China to win contracts. But when is an astute hiring something more sinister? We hear the thoughts of Bill Cohan - author and former JP Morgan Managing Director - in the US and Simon Long of the Economist in Singapore. Why North Korea's plan to build a luxury ski resort are going downhill after a ban on exports from Switzerland. Can East Africa avoid the resource curse? As Mozambique prepares to enter the big time - oil and gas wise - we have a special report from Maputo. We hear from Benjamin Lawsky, the new banking regulator for the state of New York. Will he get his way and get even tougher on financial firms? And are you a workaholic even on holiday? Lucy Kellaway has tips on disconnecting those devices when it comes to a well earned break.

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