The investment banking subsidiary of the group was the most active issuer of South Korea’s derivative-linked bonds (DLBs) in 2021.

The Seoul Administrative Court has today ruled against Hana Bank and its executives including ex-CEO Ham Young-joo (pictured) over their pledge to clear the penalty from the derivative-linked fund (DLF) mis-selling from 2017 to 2019. The ruling comes six months after the same court revoked the sanction on Woori Financial Group chair and CEO Son Tae-seung , which was also imposed by the Financial Supervisory Service (FSS) over the DLF fiasco . The FSC and the FSS respect the court of 

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