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BIDEN’S TRIUMPH IN PRESIDENTIAL ELECTIONS MAY SPELL TROUBLE FOR KOREAN BANKS IN US

Published On 08 Nov 2020 03:29 PM

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The triumph of Democratic candidate Joe Biden in the U.S. presidential election has brought a ray of hope for both the U.S. and the global community, but his attitude towards stricter financial regulations is apparently weighing on Korean banks doing business in the world's largest market.
Domestic think tanks warned that lenders may face diminishing profits because most of the Donald Trump administration's Wall Stre....

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Tags : Korean Banks, Investment Banks, IB, KCIF, US Presidential election, KB, Woori, Donald Trump,

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