South Korea's financial group heads feared to face pressure to resign from new administration

South Korea's financial group heads feared to face pressure to resign from new administration

With leadership changes at financial holding companies frequently occurring with presidential transitions, the pattern is likely to continue after the upcoming June 3 election, according to industry officials, Friday. There is a widespread view within the financial sector that, regardless of whether Democratic Party of Korea candidate Lee Jae-myung or People Power Party candidate Kim Moon-soo wins, heads of financial holding companies appointed …