Korean financial watchdog stiffens punishment for heads of Korean bank financial
Choi Soo-hyun
Seoul - Yonhap
The chief of South Korea's financial watchdog on Thursday overturned an earlier decision by a disciplinary panel and imposed a heavier punishment on the heads of KB Financial Group Inc. and its flagship Kookmin Bank, the first time that the watchdog has rejected the panel's decision.
Gov. Choi Soo-hyun of the Financial Supervisory Service (FSS) said the watchdog will stiffen the penalties on KB Financial Chairman Lim Young-rok and Kookmin Bank President Lee Kun-ho to the level of "censure," the third-highest among five penalties that it can mete out to officials of financial institutions. The three highest levels of punishments are considered to be heavy.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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