South Korea's banking and finance industry workers held the largest protest in a year to oppose plans to move public financial institutions out of Seoul, and to launch a stronger boycott of President Lee Jae-myung's policies to push economic activity out of the metropolitan area. The Korea Financial Industry Union said that on Friday about 30,000 members held a demonstration at Gwanghwamun Square, a landmark public square in central Seoul. Bank workers of all ages and genders wear red headbands with the words “General Strike” written on them, sit on simple cardboard benches and shout “Fight!” slogans. The union said that employees of Citigroup and Standard Chartered's Korea business unit also participated in the operation. The Korea Financial Industry Union represents approximately 100,000 employees of Korean financial institutions. At some important institutions such as the Industrial Bank of Korea, the strike participation rate reached about 95%, the bank's union said.

Zhitongcaijing · 2d ago
South Korea's banking and finance industry workers held the largest protest in a year to oppose plans to move public financial institutions out of Seoul, and to launch a stronger boycott of President Lee Jae-myung's policies to push economic activity out of the metropolitan area. According to the Korea Financial Industry Union, about 30,000 members held a demonstration at Gwanghwamun Square, a landmark public square in central Seoul, on Friday. Bank workers of all ages and genders wear red headbands with the words “General Strike” written on them, sit on simple cardboard benches and shout “Fight!” slogans. The union said that employees of Citigroup and Standard Chartered's Korea business unit also participated in the operation. The Korea Financial Industry Union represents approximately 100,000 employees of Korean financial institutions. At some important institutions such as the Industrial Bank of Korea, the strike participation rate reached about 95%, the bank's union said.