Korea Joongang Daily
Korea JoongAng Daily

Two investment banks to face penalties for $40 million worth of illegal short selling

Korea’s financial watchdog reported new cases of naked short selling by two additional global investment banks worth 54 billion won ($42 million).

2024-01-15

FSS launches probe into global banks over illegal short selling

Korea’s financial watchdog will investigate global investment banks to discover any illegal short sale they may have committed in the country, said the Financial Supervisory Service (FSS) on Tuesday.

2023-10-31

Hana Bank, Poland's BGK join hands to bolster global investment banking

Hana Bank is teaming up with Poland-based Gospodarstwa Krajowego (BGK) to expand its global investment banking activities.

2023-07-20

Investment banks raise Korea's 2021 growth outlook to 3.8%

Major global investment banks (IBs) have again upgraded their outlook for Korea's 2021 economic growth amid growing hopes of a recovery, a report showed Tuesday.

2021-04-06

Private equity booms, and is looking for some bargains

Private equity investments and the number of private equity funds (PEF) hit all-time highs last year, after the government eased regulations in 2015, according to the Financial Supervisory Service (FSS).

2020-06-02