LG Chem embarks on sale of dermal filler business worth $343 million

LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...

HSBC faces criminal charges for naked shorting in Korea

South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8...

BNP Paribas, HSBC fined $20.4 million in Korea for naked short-selling

South Korea’s financial regulator has slapped a combined 26.52 billion won ($20.4 million) in fines on BNP Paribas SA, its Korean brokerage un...

HSBC, BNP Paribas reported to Korean prosecutors for naked shorting

The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...

HSBC, BNP Paribas to be fined for naked short sales in S.Korea

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

Shinhan REITs to buy HSBC's Seoul headquarters at $135 mn

Shinhan REITs Management Co., a real estate investment arm of South Korea’s Shinhan Financial Group, is poised to acquire a 65.8% stake in the...

Weak won leads HSBC's Seoul branch to raise capital

The Seoul branch of the UK-based Hong Kong and Shanghai Banking Corp. (HSBC) has made a capital increase of over 20% to raise its capital adequacy r...

Shinhan closing in on HSBC to be top foreign bank in Vietnam

Shinhan Bank Vietnam Ltd., the Vietnamese subsidiary of Shinhan Bank, is close to becoming the top foreign bank in Vietnam thanks to its solid perform...