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Shinhan Financial Q1 net profit declines 4.8% due to increased costs for HK-tied ELS losses

Shinhan Financial Group on Friday said its first-quarter net profit dropped by 5 percent on increased costs to pay compensation for a mishap in sales of equity-linked securities.

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BNP Paribas to sell remaining Shinhan stake in block trade

Shinhan Financial s stock price slid by over 5 percent on Wednesday over the news that BNP Paribas initiated a process to seek buyers for Shinhan shares it owns in a block trade.

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