Seoul bankers face ban – again

Here's a rerun of one of our favourite stories -- a 2005 April fool's day piece joking that the Korean FSB had shocked bankers with a new measure that could damage their ability to win mandates.

FinanceAsia removed this story from the website the day it ran -- on April 1, 2005 -- as too many people took it seriously. As a result, when we set out to find it in our databank, sadly it was gone. So we asked former FinanceAsia editor Steve Irvine, the author, if he still had a copy.

"Turns out I did still have it," wrote Irvine in an email. "You can say at the outset in capital letters that this was an April Fool's joke written by me while in Seoul. Unbelievably, a lot of people believed it, including heads of legal and compliance at various banks!"



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