trending Market Intelligence /marketintelligence/en/news-insights/trending/3n7itdh1sckctdsni5ph_w2 content esgSubNav
In This List

Samsung Securities imposes sanctions on employees over dividend mishap

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Samsung Securities imposes sanctions on employees over dividend mishap

Samsung Securities Co. Ltd. imposed sanctions, including dismissals, job suspensions and salary cuts, on 23 employees involved in the company's erroneous dividend payment in April, The Chosun Ilbo reported May 23.

The company did not name individual employees, including 16 who sold 5,012,000 shares misallocated into their accounts.

The Financial Supervisory Service had filed criminal complaints against 21 Samsung Securities employees in the same case. The Seoul Southern District Prosecutors' Office is currently conducting a criminal investigation into the 21 employees.