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Discussing future of banking

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Korea Federation of Banks (KFB) Chairman Kim Tae-young, center, and heads of four financial institutions receive questions from reporters during a press conference at the KFB headquarters in Seoul, Wednesday. After apologizing for the derivative-linked fund fiasco, Kim urged the nation's banks to boost digitization and globalization. From left are Korea Center for International Finance President Choi Jae-young, Korea Banking Institute President Moon Jae-woo, Kim, Korea Institute of Finance President Sohn Sang-ho and Korea Credit Information Services President Shin Hyun-joon. / Courtesy of KFB