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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Over the next four years Shinhan Financial Group is set to invest 1.7 trillion won in businesses that are heavily focused on R&D to pivot its paradigm to the development of high-tech industries.The financial group said on Feb. 20 t…
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Chairman Yoon Jong-kyoo of KB Financial Group is seen with a number of employees on a visit to KB Kookmin Bank. (Photo: KB Bank)Chairman Yoon Jong-kyoo of KB Financial Group is out to strengthen his understanding of the group’s affiliates by holding one-on-one meetings with affiliate CEOs over brea…
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President Ji Sung-kyoo of KEB Hana Bank.Hana Financial Group appears to have bowed to pressure from the Financial Supervisory Service (FSS) and deciding to dump the current head of its flagship banking unit, who has a thorny relationship with the regulator.The group nominated KEB Hana Bank Vice Pres…
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Chairman Sohn Tae-seung of Woori Financial Group.Woori Financial Group will aggressively pursue acquisitions of nonbanking firms such as asset management, real estate management and mutual savings banks to boost its size and scale to compete with other groups, said Sohn Tae-seung, the group chairman…
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President Lee Dae-houn, 2nd left, of NH Bank, meets with Director Allen Awoo in charge of the Banking Sector of the Hong Kong Financial Authority.President Lee Dae-houn of NH Bank, left, shakes hands with President Steven Phillips of the Hong Investment Office in Hong Kong. (Photos: NH Bank)Presiden…
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Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photo: Kyobo life)Chairman Shin Chang-jae of Kyobo Life Insurance Co. has made a new proposal on the disposal of the shares held by the SE Private Equity and IMM PE totaling 4.92 million shares, or a 29.34-percent stake.According to IB sources on …
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Chairman Eun Sung-soo of the Export and Import Bank of Korea (Eximbank)The Export and Import Bank of Korea (Eximbank) is ready to dish out some 62 trillion won in loans and guarantees this year, with a focus on the exploration of new markets for infrastructural projects both at home and aboard, Chai…
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group posted 3.156,7 trillion won in net profit in 2018, up 8.2 percent YoY. It is the largest net profit in its history, by affiliates such as Shinhan Bank, Shinhan Capital, and Shinhan Financial Investment, among ot…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KBFG)KB Financial Group logged a net profit of 3.068 trillion won last year, down 7.3 percent YoY due largely to boosts in general expenses. On the bright side, the firm still notched more than 3 trillion won for two consecutive years.The financ…
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Chairman Kim Sung-tae of Hana Financial Group. (Photo: HFG)Hana Financial Group posted a record profit in 2018 amounting to 2.240 trillion won on consolidated basis, up 10 percent YoY,the largest since 2005 when the group was launched for the first time due mainly to substantial boosts in its major …
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Chairman Hwang Chul-joo of Jusung Engineering. (Photos: Jusung Engineering) Jusung Engineering is accelerating efforts to secure an upper hand in the next-generation semiconductor market by making the most of a new technology replacing silicon.&…
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Chairman Cho Won-tae of Hanjin Group introduces Korean Air’s new CI and livery at “Rising Night” event at a hangar at Korean Air headquarters in Gangseo-gu, Seoul, on March 11.Chairman Cho Won-tae of Hanjin Group laid out this year’s management v…
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Hyundai Motor Group Chairman Chung Eui-sun announces a plan to invest a combined $21 billion in the United States at the Roosevelt Room of the White House in Washington DC on March 24 as President Donald Trump, Louisiana Gov. Jeffrey Martin Landry an…
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Chmn. Chang In-hwa of POSCO Holdings speaks at its 57th General Meeting of Shareholders at the POSCO Center in Seoul on March 20. (Photo: POSCO)POSCO Holdings held POSCO Group’s technology strategy meeting designed to secure super-gap technology com…
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