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Banks could face lawsuits over sales of risky derivatives products

Five major commercial banks in Korea — KB Kookmin, Shinhan, Hana, Woori, and NH NongHyup — are increasingly at risk of facing lawsuits from customers experiencing escalating losses. These losses stem from the purchase of equity-linked securities (ELS) products linked to Hong Kong s declining benchmark index.

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Soult-ukpyolsi
South-korea
Hong-kong
Chinese
Financial-supervisory-service-in-yeouido
Kb-kookmin-bank
Hang-seng-china-enterprises-index
Seoul-high-court
Woori-bank

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