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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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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