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The latest announcement is out from Woori Finance Holdings Co ( (WF) ).
On January 24, 2025, Woori Bank, a subsidiary of Woori Financial Group Inc., was notified of the indictment of two former executives by the Seoul Southern District Prosecutor’s Office for embezzlement. The accused include Mr. Son, former Chairman and CEO, and Mr. Sung, former Executive Vice President, with the alleged embezzlement amounting to 51,745,000,000 Korean won. Woori Financial Group and Woori Bank are committed to adhering to all proper legal procedures concerning this indictment and will disclose any significant updates as necessary.
More about Woori Finance Holdings Co
Woori Financial Group Inc. is a prominent financial services company based in Seoul, Korea. The company operates through various subsidiaries, offering a range of banking and financial services.
YTD Price Performance: 5.18%
Average Trading Volume: 61,981
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.13B
For a thorough assessment of WF stock, go to TipRanks’ Stock Analysis page.
