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Gov’t Shakes Up Financial Services Sector, Looks to Create “Catfish Effect”

Gov’t Shakes Up Financial Services Sector, Looks to Create “Catfish Effect”

SEOUL, Dec. 14 (Korea Bizwire) – A slew of changes are coming to the financial services sector, from internet banks and the postal service being given the green light to begin offering products – a means of beefing up competition and thereby creating a “catfish effect” – to shrinking the yearly sales volume of firms’ [...]