Shinhan BNP Paribas unit raided in investigation
Published: 02 Nov. 2016, 20:35
The Seoul prosecutors’ office raided the headquarters of Shinhan BNP Paribas Asset Management on Wednesday to investigate possible stock manipulation.
According to the prosecutors’ office three fund managers allegedly made several billion won by manipulating the prices of five stocks on the Kospi between June and September.
The case was turned over to the Financial Services Commission on Oct. 6.
According to the prosecutors’ office three fund managers allegedly made several billion won by manipulating the prices of five stocks on the Kospi between June and September.
The case was turned over to the Financial Services Commission on Oct. 6.
with the Korea JoongAng Daily
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