KB under probe for possible 5 tril. won loss through ELS sales in Hong Kong

The Korea Times

Lean Left

Mixed Factuality

Corporation: Dongwha Enterprise

KB under probe for possible 5 tril. won loss through ELS sales in Hong Kong

Bank is under probe by the Financial Supervisory Service (FSS) for the possible loss of nearly 5 trillion won ($3.83 billion) that it could potentially inflict on its customers through equity-linequity-linked securities (ELS) sales in Hong Kong, according to industry sources, Friday.