Most Popular
-
1
Tensions heighten ahead of first president-opposition chief meeting
-
2
Seoul to provide housing subsidy to married couples with newborns
-
3
New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
-
4
[KH Explains] No more 'Michael' at Kakao Games
![[KH Explains] No more 'Michael' at Kakao Games](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/28/20240428050183_0.jpg&u=20240428180321)
-
5
Rapper jailed after public street fight with another rapper
![[KH Explains] No more 'Michael' at Kakao Games](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/28/20240428050183_0.jpg&u=20240428180321)
-
6
Woman gets suspended term for injuring boyfriend with knife
-
7
Samsung chief bolsters ties with Germany’s Zeiss
-
8
Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
-
9
Med schools expect 1,500+ new admission slots next year
-
10
NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
The nation’s antitrust watchdog launched on Tuesday an investigation into the possible collusion among local brokerages on their certificate of deposit rates, the benchmark for borrowing costs of local banks.
According to industry sources, the Fair Trade Commission dispatched investigators earlier in the day to the nation’s 10 brokerages to secure relevant computer data and documents.
The securities firms included Leading Investment & Securities, Dongbu Securities, Meritz Securities, Mirae Asset Securities, Woori Investment & Securities, Hana Daetoo Securities, Hanwha Securities, KB Investment & Securities, KTB Securities and LIG Investment & Securities.
The CD rates here are announced twice, at 11:30 a.m. and 3:30 p.m., every day after the Korea Financial Investment Association calculates the average of figures collected from the nation’s top brokerages.
The decision-making process, however, has caused a transparency debate recently as the CD rates remain high despite the fall of market rates.
The FTC declined to confirm the details of the ongoing investigation, citing the agency’s policy.
By Lee Ji-yoon (jylee@heraldcorp.com)
According to industry sources, the Fair Trade Commission dispatched investigators earlier in the day to the nation’s 10 brokerages to secure relevant computer data and documents.
The securities firms included Leading Investment & Securities, Dongbu Securities, Meritz Securities, Mirae Asset Securities, Woori Investment & Securities, Hana Daetoo Securities, Hanwha Securities, KB Investment & Securities, KTB Securities and LIG Investment & Securities.
The CD rates here are announced twice, at 11:30 a.m. and 3:30 p.m., every day after the Korea Financial Investment Association calculates the average of figures collected from the nation’s top brokerages.
The decision-making process, however, has caused a transparency debate recently as the CD rates remain high despite the fall of market rates.
The FTC declined to confirm the details of the ongoing investigation, citing the agency’s policy.
By Lee Ji-yoon (jylee@heraldcorp.com)
-
Articles by Korea Herald
![[Herald Interview] Mistakes turn into blessings in street performance, director says](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/28/20240428050150_0.jpg&u=20240428174656)
