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Top News In Nonghyup Today - Breaking & Trending Today
The Financial Supervisory Service (FSS) will soon launch regular inspections into the governance of NongHyup Financial Group as its majority stakeholder, the National Agricultural Cooperative Federation (NACF), better known as NongHyup, has been accused of impeding proper internal controls within its financial subsidiaries, according to industry officials, Sunday. ....
Local commercial banks are rushing to introduce foreign currency conversion fee waivers, in a move to lock in a greater number of outbound travelers amid heated market competition, market watchers said Wednesday. ....
The financial authorities have launched an investigation into the country’s top commercial lenders and brokerages over the irresponsible sales of equity-linked securities (ELS), high-risk derivatives tied to the performance of the Hang Seng China Enterprises Index (HSCEI), market watchers said Sunday. The highly volatile index encompasses 50 shares of Chinese firms traded outside mainland China. ....