Kookmin Bank board fails to settle internal strife
Seoul - Yonhap
Board members at Kookmin Bank failed Friday to settle an ongoing dispute with the lender's parent, KB Financial Group Inc., over changing the bank's computation system, an issue that has become a proxy to an internal power struggle. "The board of directors will have another meeting on Tuesday," Kookmin Bank President Lee Kun-ho told reporters after a meeting hastily convened to try to strike a compromise.
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