Projected Impact of ELS Dispute Settlement on Banking Sector: Final Compensation Expected to Exceed 1 Trillion Won
The final compensation is expected to be ‘over 1 trillion won’ KB with big losses, ‘rest’ capital ratio Shinhan, Hana, etc. have small compensation amounts. There appears to be no obstacle in the promise to ‘expand refunds’ Total damages in the banking sector according to Hong Kong’s H-Index Stock-Linked Securities (ELS) dispute settlement scheme are […]
Democratic Party Lawmakers Criticize Financial Authorities Over Loss of ELS Linked to Hong Kong’s H Index
[데일리임팩트 김우석 기자] Regarding the large-scale loss of ELS (Security Linked Equity) linked to Hong Kong’s H Index, all the members of the Democratic Party of the National Assembly’s Political Affairs Committee said, “When a problem arises, we are in a hurry to avoid” the immediate crisis by wasting time, punishing lightly, and prescribing suffocation.” […]
Financial Services Act to Impose Punitive Fines on Financial Firms for the First Time – ELS Incident Under Scrutiny
Money Today Reporter Kwon Hwa-soon | 2024.02.08 17:48 [MT리포트]ELS incident seen through the Financial Services Act ① Expectation of ‘punitive fines’ being imposed on financial firms for the first time Editor’s note | Three years after the Financial Consumer Protection Act was implemented, losses in equity-linked securities of Hong Kong’s H-index (ELS) worth trillions of […]
Economic Instability and Gender Inequality Driving Japanese Emigration
Money Today Reporter Yoon Se-mi | 2024.01.17 14:41 Japanese people stay abroad for a long time and get permanent residence, economic instability is the cause 62% of immigrants are women, with many restrictions on social activities, analysis of travel abroad Passersby cross the street in Shibuya, Tokyo, Japan on December 31, 2023./AFPBBNews=News 1 The number […]
Hong Kong’s Stock Market Plunge and its Effect on Equity-Linked Securities (ELS)
Money Today Expert Kim Jae-hyeon | 2023.12.16 06:25 [MT리포트]’ELS cruel history’, looking into the H index ① Editor’s note | As the possibility of large-scale losses in the first half of next year looms large in ELS (equity-linked securities) with Hong Kong’s H Index as the underlying asset, investors are expressing their anger. Amid criticism […]
The Estimated Loss of Equity-Linked Securities (ELS) in Hong Kong H Index Reaches 11.6 Trillion Won
Loss of Equity-Linked Securities in Hong Kong Estimated at 11.6 Trillion Won By Cho Chae-win, Fortune Korea Reporter According to a report by Yuanta Securities researcher Jeong In-ji, the estimated loss of equity-linked securities (ELS) related to the Hong Kong H Index, which is set to expire next year, is equivalent to 11.6 trillion won. […]
The Cost of Equity-Linked Securities Loss in Hong Kong H Index Estimated to be 11.6 Trillion Won
Loss of Equity-Linked Securities of Hong Kong H Index Estimated to be 11.6 Trillion Won According to a report by Yuanta Securities researcher Jeong In-ji, the loss of equity-linked securities (ELS) related to the Hong Kong H Index is estimated to be equivalent to 11.6 trillion won, with the securities set to expire next year. […]
Major Commercial Banks Temporarily Suspend Sale of High-Risk Products Amid Concerns of Large-Scale Losses
Major Banks Temporarily Suspend Sale of High-Risk Products Linked to Hong Kong Index Amid concerns of substantial losses in the Hong Kong Index’s underlying equity-linked securities (ELS), all five major commercial banks in South Korea have decided to temporarily suspend the sale of high-risk products included in the Hong Kong H Index. KB Kookmin Bank […]
NH Nonghyup Bank Halts Sale of ELS as Large-scale Losses Expected
NH Nonghyup Bank Halts Sale of Risky Equity-Linked Securities (ELS) Amid Expected Losses By Lee Bora As per a report on August 28, NH Nonghyup Bank has made the decision to cease the sale of equity-linked securities (ELS) due to potential large-scale losses connected to the Hong Kong H Index, an underlying asset. This marks […]
KB Kookmin Bank in Spotlight Amid Concerns of ELS Mis-Selling from Hong Kong
KB Kookmin Bank Faces Scrutiny Over ELS Sales in Hong Kong The Financial Supervisory Service is conducting an investigation into KB Kookmin Bank’s sales of equity-linked securities (ELS) originating in Hong Kong. Concerns have arisen over potential mis-selling of the product, which could lead to consumer losses. Major Sales and Market Conditions KB Kookmin Bank […]
