John Grayken Quotes

We deeply regret this embarrassing and shameful episode, and to the Korean people, we apologize. - John Grayken

The bank's capital adequacy ratio of 6.2 percent at the time was inadequate. Additional provision was needed to save the bank's credit card subsidiary. Without a capital injection, the ratio could have fallen to 4.4 percent. - John Grayken

It's a misunderstanding about the investment here in Korea. No question that our intention is to comply with Korean laws. - John Grayken

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