Banking federation chief emphasizes efforts on internal controls reform over HK-tied ELS controversy
The head of the Korea Federation of Banks (KFB), Cho Yong-byoung, expressed regret over the recent controversies linked to the massive consumer losses involving equity-linked securities (ELS), which were tied to the performance of the Hang Seng China Enterprises Index, in a press conference on Monday.
Mar 11, 2024By Lee Yeon-woo