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Woori Bank will inject $100 million into its Indonesian subsidiary to bolster its capital base and groom it to be one of the top five lenders in the Southeast Asian country.
According to multiple sources from the financial industry on June 28, PT Bank Woori Saudara received approval from the Indo…
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Vice Chairman Kim Nam-goo of Korea Investment Holdings Co.
Korea Investment Holding Co. has consistently maintained a high share price thanks to the daring investments made by Vice Chairman Kim Nam-goo.
The price of its common shares has jumped around 60 percent since early this year, the highest …
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Kyobo Life Insurance Co.’s says its life-time insurance offering, Kyobo Faithful Universal Variable Insurance, that is faithful to the core concept of what a life insurance policy ought to do.
The insurance product allows part of the premium to be invested in funds so that the premium and cash v…
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President Lim Tae-soon of Cape Investment and Securities Co.
Cape Investment and Securities has been named the priority bidder in the auction for a 10.04 pct stake in SK Securities Co., beating out Q Capital Partners, SK Co. said on July 25.
The company said it received bids from Cape Investment a…
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CEO Yoon Kyung-eun of Hyundai Securities and former President Chon Byung-jo of KB Investment and Securities, greet each other at a media briefing early in January announcing the merger of the two securities firms, the largest IB operator in the securities industry with its combined capital amounting…
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Chairman Yoon Jong-kyoo of KB Financial Group.
KB Financial Group has been doing very well this year when it comes to expanding its operation.
Under Chairman Yoon Jong-kyoo, the group’s leadership managed to take over Hyundai Securities last year and is about to make on KB Non-Life Insurance Co. …
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President Wi Sung-ho of Shinhan Bank.
President Wi Sung-ho of Shinhan Bank, true to his reputation as an digital banking expert when he was with Shinhan Card, has put in motion a plan to expand the bank’s digitization moves, including boosting the adoption of Fintech.
His reform plan involves let…
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President Ham Young-joo of KEB Hana Bank.
KEB Hana Bank is slated to officially open its new building Gran Seoul in Cheongjin-dong, downtown Seoul. The offices and desks in the new building will be arranged similar to those of start-ups in that will be for joint use, not necessarily assigned to ind…
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Chairman Park Hyeon-joo of Mirae Asset Group delivers his congratulatory speech at a ceremony to celebrate the 20th anniversary of the group at Four Seasons Hotel in Gwanghwamun, Seoul, on July 1.(Photo: Mirae Asset)
"Mirae Asset is 20 years old, but still feels a big thirst for the global financia…
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President Cha Nam-kyu of Hanwha Life Insurance Co. which won the Korea Service Grand Award for 2017 for 7 years in row.(Photo: Hanwha Life)
Hanwha Life Insurance Co. joined the insurance sector’s Hall of Fame by winning the Integrated Award of the Korea Service Grand Award for the seventh straight…
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Chairman Joo Young-jin, former chief of the National Assembly Budget Office, recently elected as chairman of the Korea Parliamentary Research Institute. (Photos : Korea Parliamentary Research Institute)Joo Young-jin is a recognized legislative b…
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Koo Ja-hong, the late first chairman of LG Group, died of 77 on Feb. 11.LS Nikko-Copper Chairman Koo Ja-hong, who shepherded the growth of LS Group, succumbed to a chronic disease he had been suffering from. He was 75. Chairman Koo, born in Jiny…
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By Park Jong-sun, a former professor with Jeonju University and ex-Korean consulate general in Qingtao, China.The global economy posted a high growth rate of 5.5 percent, as each country around the world employed expansionary fiscal and currency poli…
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Honorary Chairman Kim Jae-chul of Dongwon Group discusses on AI with KAIST President Lee Kwang-young at a talk show at KAIST’s main campus in Daejeon on April 2.Honorary Chairman Kim Jae-chul of Dongwon Group was once an old hand who had contributed…
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