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Chairman Cho Yong-byoung of Shinhan Financial Group. (Photo: Shinhan Financial Group)As Korea’s major financial holding companies announced their earnings, Shinhan Financial Group posted 932.4 billion won in net profit in the first quarter of 2020, a level similar to that of 2019. The group retaine…
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Shinhan Bank President Jin Ok-dong. Shinhan Bank has decided to make the Outbound Smile Call (Happy Call) System mandatory for all investment products. Until now, only some high-risk products such as derivatives-linked securities (DLSs) have been subject to the Outbound Smile Call System. From now o…
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삼성화재는 가정의 달을 맞아 임직원 사기 진작과 지역 사회와의 상생을 위한 다양한 프로그램을 운영했다고 5월 26일 밝혔다. 삼성화재는 가정의 달을 앞둔 지난 4월부터 랜선입학식, 랜선회식, 홈캉스풀패키지 등을 '임직원 氣-UP 프로젝트'라 이름 붙여 운영하고 있다. 이 프로젝트의 포문을 연 '랜선입학식'…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KB Financial Group)As KB Financial Group suffered an increase losses from securities, derivatives and foreign exchange in the aftermath of the new coronavirus crisis in the first quarter, its net profit fell compared to the previous year. Noneth…
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: Woori Financial Group)Even the COVID-19 crisis could not stop Woori Financial Group from recording a surplus in the first quarter. The company announced on April 27 that it posted 518.2 billion won in net profit in the first quarter of 2020. …
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Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG) NH Nonghyup Financial Group posted 338.7 billion won in net profit in the first quarter of 2020. This was a decrease of 21.7 percent compared to the same period of 2019. The drop was blamed on a decrease in profits in the securities, foreig…
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President Lee Dong-chul of KB Kookmin Card holds a copy of a share subscription agreement to acquire a controlling 50.99 percent stake in J Fintech, a Thai personal loan provider, after signing the deal with Jaymart Group Chairman Adisak Sukumvitaya via a teleconference meeting on April 27. (Photo: …
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Chairman Park Hyun-joo of Mirae Asset Daewoo. (Photo: Mirae Asset Daewoo)Mirae Asset Daewoo chalked up better-than-expected Q1 business performances, dispelling earlier worries and surprising financial experts. As financial investment companies have showed different outcomes, depending on their resp…
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Chung Young-chae, CEO of NH Investment & Securities. (Photo: NHIS) NH Investment & Securities is on its way to investing about 10 trillion won in a natural gas pipeline in the UAE with foreign investment institutions. According to the investment bank (IB) industry on May 17, NH Investment &a…
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Korea Investment Holdings Chairman Kim Nam-goo. (Photos: Korea Investment & Securities)Korean stock prices have hovered lower of late in the wake of the coronavirus pandemic. As stock prices have shown signs of rising, more and more people are paying attention to “online financial gift coupons…
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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