South Korea’s major banks are summoned by the National Assembly audit on charges of interest rate manipulation and job corruption.

Sharing is Caring!

by cjsseedcjs

South Korea is pushing banks to freeze the benchmark interest rate and lower interest rates. And it is investigating banks on charges of interest rate manipulation and demanding that they return unjust interest gains. Korean banks are losing their share prices despite record-high performance.

See also  BREAKING: Wall Street rides to the rescue as 11 banks pledge $30 billion to First Republic Bank.
See also  Big banks starting to collapse as financial experts warn more fallout is coming

Views: 3

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.