Most Popular
-
1
Key S. Korean, USFK special operations officials to hold rare meeting amid NK threats
-
2
Jennie, Stray Kids's Met Gala attendance puts them on 'digital guillotine' blacklist
-
3
Korean industries gauge impact of Biden's steep tariffs on China
-
4
Controversy brews over shakeup of prosecutors amid probe of first lady
-
5
OpenAI gives ChatGPT new powers to see, hear
-
6
Do Korean doctors make too much money?
-
7
Another suspect behind murder of Korean tourist in Pattaya arrested in Cambodia
-
8
S. Korea to inject $70m into AI-powered public education
-
9
[KH Explains] Naver’s Line dilemma: Lose global footing for cash?
![[KH Explains] Naver’s Line dilemma: Lose global footing for cash?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/14/20240514050624_0.jpg&u=)
-
10
[Herald Interview] Carbon breakthrough in Korea: Making diamonds at atmospheric pressure
![[Herald Interview] Carbon breakthrough in Korea: Making diamonds at atmospheric pressure](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/14/20240514050559_0.jpg&u=20240514184059)
![[KH Explains] Naver’s Line dilemma: Lose global footing for cash?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/14/20240514050624_0.jpg&u=)
![[Herald Interview] Carbon breakthrough in Korea: Making diamonds at atmospheric pressure](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/14/20240514050559_0.jpg&u=20240514184059)
One more employee of Deutsche Bank AG will likely be subject to criminal investigation in Korea on suspicion of engaging in irregular stock trading, according to the Financial Supervisory Service.
FSS officials allege that an employee of Deutsche Bank rigged the price earnings ratio during his trading of an equity-linked securities product, which was issued by Korea Investment & Securities, in 2008.
The financial regulator is poised to request the prosecution to investigate the case by holding a panel discussion this week, an online news provider reported.
The sanction comes about a month after the prosecution indicted four employees of Deutsche Bank AG and Deutsche Securities Korea for manipulating stocks on the Korea Exchange last November.
In addition, the FSS is probing an employee of France-based BNP Paribas for similar practices. The case could also possibly be handed over to the prosecution.
There is a possibility that the Securities & Futures Commission, a decision-making body of the FSS, will fine-tune the regulatory sanction level on the two foreign brokerage employees this Wednesday.
By Kim Yon-se (kys@heraldcorp.com)
FSS officials allege that an employee of Deutsche Bank rigged the price earnings ratio during his trading of an equity-linked securities product, which was issued by Korea Investment & Securities, in 2008.
The financial regulator is poised to request the prosecution to investigate the case by holding a panel discussion this week, an online news provider reported.
The sanction comes about a month after the prosecution indicted four employees of Deutsche Bank AG and Deutsche Securities Korea for manipulating stocks on the Korea Exchange last November.
In addition, the FSS is probing an employee of France-based BNP Paribas for similar practices. The case could also possibly be handed over to the prosecution.
There is a possibility that the Securities & Futures Commission, a decision-making body of the FSS, will fine-tune the regulatory sanction level on the two foreign brokerage employees this Wednesday.
By Kim Yon-se (kys@heraldcorp.com)
