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KB Financial: Q1 Earnings Snapshot

SEOUL, Korea, Republic Of (AP) — SEOUL, Korea, Republic Of (AP) — KB Financial Group Inc. (KB) on Thursday reported net income of $1.31 billion in its first quarter.

The Seoul, Korea, Republic Of-based bank said it had earnings of $3.49 per share.

The financial services provider posted revenue of $6.3 billion in the period. Its revenue net of interest expense was $3.69 billion, which topped Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KB at https://www.zacks.com/ap/KB

ICE officer pleads not guilty to lying about shooting and is released from custody

McALLEN, Texas (AP) — A U.S. Immigration and Customs Enforcement officer was released from federal custody Friday after pleading not guilty to lying to investigators about the circumstances that led to the shooting of a Venezuelan man during the Minnesota immigration crackdown last winter. The federal indictment accuses Christian Castro of falsely telling investigators that he was attacked with a broom and shovel before he opened fire, injuring Julio Cesar Sosa-Celis in January. Castro was shackled at his wrists, waist and feet during a brief hearing in the federal court in McAllen after he turned himself into authorities Thursday evening. The judge ordered him released on a $75,000 unsecured bond and with a GPS ankle monitor. It's the first Justice Department prosecution of a federal officer for actions taken during this year's massive Operation Metro Surge, which brought thousands of agents to the Twin Cities and led to sweeping protests, arrests and the fatal shootings of two U.S. citizens by federal officers.
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