Korea Banks Risk Record $1.4 Billion Fine on Equity-Linked Notes
South Korea’s financial watchdog has sent a preliminary notice to five banks over improper sales of equity-linked securities, which local media reported could result in some $1.4 billion of penalties.
By Haram Lim · Bloomberg Markets
South Korea’s financial watchdog has sent a preliminary notice to five banks over improper sales of equity-linked securities, which local media reported could result in some $1.4 billion of penalties.