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Economy/Finance
President Lee Kwang-goo of Woori Bank. President Lee Kwang-goo of Woori Bank has been recommended as the first president of the privatized Woori Bank by the Woori Bank President Recommendation Committee. The president-nominee will officially take over the office for two years as soon as shareholde¡¦
President Kim Do-jin of Industrial Bank of Korea.(Photo: IBK) The Industrial Bank of Korea (IBK) logged consolidated net profit of 1.164,6 trillion won in 2016, up 1.6 percent YoY, which includes those of IBK Capital and IBK Investment and Securities.  IBK posted its own net profit of 1.267 t¡¦
KB Card CEO Yoon Woong-won. KB Kookmin Card Co. introduced a blockchain-based personal authentication system for its bank service users from November last year, becoming the first Korean financial institution to adopt such a simplified, but more secure mobile payment verification system in Korea. ¡¦
President Kim Won-kyu of NH Investment and Securities Co,(Photos:NHIS) NH Investment and Securities Co. has decided to push the Mirae Asset Rogers Commodity Index Fund, which is focused on investments in industrial raw materials, including energy, minerals and farm produce. Experts are now counting¡¦
Chairman Hwang Young-key of the Korea Financial Investment Association. Chairman Hwang Young-key of the Korea Financial Investment Association (KOFIA) said there are some financial regulations that the securities firms find very restrictive for their operations, and thus, need to be reformed. On t¡¦
President Chun Byong-jo of KB Securities. KB Securities Co. will strengthen its PEF operation in the new year by setting up a fund and establishing a team to take charge of its operation. According to IB sources, the securities firm may consider setting up a PEF as large as as 300 billion won to b¡¦
President Kang Dae-sok of Shinhan Investment and Securities. (Photo: Shinhan I&S) Shinhan Investment and Securities Co. won the 2017 Maekyung Gold Securities Award for having the largest number of products in the mid-level earnings range and for its outstanding performance ratings for empl¡¦
Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photos: Kyobo Life Insurance) Korea's No. 3 life insurer, Kyobo Life Insurance, is participating in early bidding for ING Life Korea. According to a Kyobo official, the company submitted a letter of investment intent to Morgan Stanley, which is ¡¦
President Ryu Sang-ho of Korea Investment and Securities Co. The securities firm pays $170 million for the building joining the rush by the Korean brokerage firms to invest in real estate and infrastructure abroad to make up for slowdown in equity market at home Korea Investment & Securities C¡¦
President Cho Yong-byung of Shinhan Bank poses with Chairman Yim Jong-yong of the Financial Services Commission after receiving the 2016 Dasan Financial Award in the banking sector. (Photo: Shinhan Bank) President Cho Yong-byung of Shinhan Bank has been nominated to succeed the retiring Chairman Ha¡¦
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Cover Story
President Lee Jae-myung shakes hands with Chinese President Xi Jinping at the Great Hall of the People in Beijing on Jan. 5 as they attended a ceremony to sign MOUs. (Photo on the courtesy of the Presidential Office)President Lee Jae-myung held summi¡¦
HD Hyundai Chmn. Chung Ki-sun takes office at a ceremony on Oct. 17. (Photos: HD Hyundai)New HD Hyundai Group Chung Ki-sun said ¡°As far as Our group¡¯s changes and leap forward is concerned, now is a critical juncture.¡± Chmn. Chung made the re¡¦
President Lee Jae-myung announces a joint fact sheet on the conclusion of the ¡°Korea-U.S. trade and security negotiations, one of the biggest variables for the Korean national economy and security, at the Presidential Office in Yongsan, Seoul, on No¡¦
President Lee Jae-myung (right) presents the Order of Mugunghwa, Korea¡¯s highest honor, and a replica of the Cheonmachong gold crown to U.S. President Donald Trump, who made a state visit on the occasion of the APEC 2025 Korea, at the Gyeongju Natio¡¦


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