Credit Suisse is paying $77 million to the Justice Department and the Securities and Exchange Commission to settle charges that it hired the relatives of influential Chinese officials in order to win business for the bank in the country.

Prosecutors said Credit Suisse’s managers in Asia admitted that between 2007 and 2013 they hired job candidates suggested by powerful people in China’s government and state-run corporations with the expectation that the bank would receive lucrative new deals in return.

As part of the settlement, the bank acknowledged that its actions violated the Foreign Corrupt Practices Act — the latest Wall Street firm to run afoul of the anti-bribery law through its Chinese hiring practices.

Emails in court filings accompanying the case show Credit Suisse managers warning each other not to subject the relatives to overly rigorous interview processes. In one exchange, bank employees described a well-connected job candidate as “a princess” and discussed “giving her the offer letter asap.”