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Top News In Shinhan Today - Breaking & Trending Today

KB's Q1 net profit falls 30% due to HK-tied ELS compensation

KB Financial Group s net profit for the first quarter of 2024 decreased 30.5 percent year-on-year, due to voluntary compensation paid to investors who incurred losses from equity-linked securities (ELS) tied to the Hang Seng China Enterprises Index. ....

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Major banks prepare for dispute mediation over Hang Seng-tied ELS losses

Major banks have initiated measures to ensure smooth resolutions to compensate investors who suffered substantial losses from Hong Kong-tied equity-linked securities (ELS), following the lenders acceptance of dispute resolution guidelines set by financial authorities. ....

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