Korea Joongang Daily

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Firms that sold Lime funds to fully compensate investors

The banks and securities companies that sold the problematic funds structured by Lime Asset Management announced Friday they will nullify the investment contracts of trade finance funds and fully compensate their investors.

2020-08-28

K bank's recapitalization gets green light from the FSS

K bank's recapitalization was approved by the Financial Supervisory Service (FSS), allowing BC Card and Woori Bank to swoop in with hundreds of billions of won and pull Korea's first online-only bank back from the brink.

2020-07-22

Shinhan, Woori offer compensation for Lime fund customers

Shinhan Bank and Woori Bank, two major retailers of the now-suspended Lime Asset Management funds, said they would pay compensation worth approximately 50 percent of the principal put down on select

2020-06-07

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