South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS
Published . Updated .
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The Financial Services Commission made a final decision to impose a total of 374.632 billion won in penalty surcharge and fines on seven banks and six…
Directly affected
- No company is named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR-1.6% 30d
Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF-3.0% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “banks” (banks) in this story.
- EWY iShares MSCI South Korea ETF-21.2% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“south korea”).
- EWH iShares MSCI Hong Kong ETF-2.5% 30d
iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from South Korea.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
- KB KB Financial Group-4.7% 5d
KB Financial Group (commercial banks, with business in South Korea): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLF | -1.85% | -1.14% | base | after close | after close | after close | after close |
| KRE | -1.00% | -1.14% | base | after close | after close | after close | after close |
| EWY | +7.01% | -1.34% | base | after close | after close | after close | after close |
| EWH | -2.70% | +0.38% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| JPM | +0.41% | -0.26% | base | after close | after close | after close | after close |
| BAC | +2.47% | +0.71% | base | after close | after close | after close | after close |
| KB | +3.95% | +1.53% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS Chosunbiz
Source: Chosunbiz
The price since 4 Nov 2026: Select Sector Spdr Tr (XLF) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | three days earlier | +0.71% | final price |
| Bank Of America (BAC) | five days earlier | +2.47% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Inc Msci Hong Kong Index Fd (EWH) | three days earlier | +0.38% | final price |
| Ishares Inc Msci Hong Kong Index Fd (EWH) | five days earlier | -2.70% | final price |
| Ishares Msci South Korea Etf (EWY) | three days earlier | -1.34% | final price |
| Ishares Msci South Korea Etf (EWY) | five days earlier | +7.01% | final price |
| Jpmorgan Chase (JPM) | three days earlier | -0.26% | final price |
| Jpmorgan Chase (JPM) | five days earlier | +0.41% | final price |
| KB Financial Group (KB) | three days earlier | +1.53% | final price |
| KB Financial Group (KB) | five days earlier | +3.95% | final price |
| Spdr Series Trust (KRE) | three days earlier | -1.14% | final price |
| Spdr Series Trust (KRE) | five days earlier | -1.00% | final price |
| Select Sector Spdr Tr (XLF) | three days earlier | -1.14% | final price |
| Select Sector Spdr Tr (XLF) | five days earlier | -1.85% | final price |
Congressional trades in the stocks in this story
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 61 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 61 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 69 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 72 days before publication. Filed 16 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLF)
Companies carried with this story
- XLF Select Sector Spdr Tr
Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS.” Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story
- KRE Spdr Series Trust
Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS.” Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “banks” (banks) in this story
- EWY Ishares Msci South Korea Etf
Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS.” Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“south korea”)
- EWH Ishares Inc Msci Hong Kong Index Fd
In “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS,” Ishares Inc Msci Hong Kong Index Fd (EWH) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Hong Kong ETF holds stocks listed in Hong Kong, which this story is about (“hong kong”)
- CEW Wisdomtree Tr
Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS.” Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from South Korea
- JPM Jpmorgan Chase
In “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story
- KB KB Financial Group
In “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS,” KB Financial Group (KB) is linked, with no stored direction, medium confidence. Reason on file: KB Financial Group (commercial banks, with business in South Korea): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story
- BAC Bank Of America
Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS.” Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story
Select Sector Spdr Tr (XLF)
“South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS” (4 Nov 2026) reaches Select Sector Spdr Tr (XLF) through this story.
Select Sector Spdr Tr (XLF) is on the page because Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story
Also listed, Spdr Series Trust (KRE): SPDR S&P Regional Banking ETF: it holds banks. Linked by “banks” (banks) in this story
Price levels for Select Sector Spdr Tr (XLF)
EWY traded between 148.30 and 190.33 across 20 sessions. The latest close on file is 151.81. KRE traded between 67.80 and 71.93 across 20 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.
How strong the case is around Select Sector Spdr Tr (XLF)
54 out of 100
“South Korea fines banks, brokerages record 375 billion won over Hong Kong ELS” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.