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

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.

http://www.meconomynews.com/news/articleView.html?idxno=17100