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

Summary by The Korea Times
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.

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The Korea Times broke the news in Korea, Republic of on Friday, November 24, 2023.
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