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CEO Choi Hyun-man of Mirae Asset Daewoo Securities Co.(Photo: Mirae Asset Securities)
Mirae Asset Securities received the right to operate an investment banking ahead of a scheduled M&A with Daewoo Securities.
The acquirer would have automatically earn the right to operate after the two units …
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Shinhan Bank has been striving to help society by conducting full-scale social responsibility efforts through Compassionate Finance, which sets out to support communities with the power of finance. The bank launched a social service group in July 2004 for the first time, the first such group in Ko…
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Chairman Han Dong-woo of Shinhan Financial Group.
Shinhan Financial Group announced Oct. 20 that its combined net profit in the first three quarters of this year surpassed the 2 trillion won mark for the first time in four years.
In a statement, the bank holding firm said the accumulated net profi…
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Chairman Yoon Jong-kyoo of KB Financial Group who doubles as president of KB Kookmin Bank.
Yoon Jong-kyoo, KB Financial Group Chairman, said the group will closely follow changes coming with the so-called “fourth industrial revolution” in order to make sure KB Kookmin Bank recovers its past…
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Chairman Kim Jung-tae of Hana Financial Group.(Photo: HFG)
Hana Financial Group posted its best third quarter since 2012 thanks to synergy from the merger with the Korea Exchange Bank and real estate investments, boosting this year’s profit over that of last year’s.
The financial group said on O…
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Chairman Kim Yong-hwan of NH Financial Group.
NongHyup Financial Group Inc. said on Oct. 26 that its third-quarter earnings increased nearly 3 percent on-year thanks to strong revenue and less money set aside to cover bad debt.
Net profit reached 182.7 billion won ($162.2 million) in the July-Sept…
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A view of an opening ceremony of the Industrial Bank of Korea’s Kangaroo Store in Suwon, Gyeonggi Province. IBK President Kwon Seon-joo is among the store’s staff, officials of IBK and officials from the Holt Children Welfare in the ceremony held recently in Suwon, Gyeonggi Province.(Photo: IBK)
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President Lee Kwang-goo of Woori Bank. (Photo: Woori Bank)South Korea’s government has sold a $2.1 billion stake in Woori Bank to multiple investors in its latest bid to privatize the lender and recoup taxpayer money it pumped in to bail out the lender some two decades ago, according to the country…
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President Ahn Min-soo of Samsung Fire and Marine Insurance Co.
South Korean non-life insurance companies are expected to report better earnings in the July-September period thanks to an improvement in the auto insurance segment despite a prolonged low-interest-rate environment.
According to Korea…
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Chairman Park Hyun-joo of Mirae Asset Group.(Photo: Mirae Asset Group)
Mirae Asset Daewoo will introduce Vietnam CB Fund in Korea scaled at 67 billion won, which is projected to earn more than 30 percent in Vietnam.
Mirae Asset Group said on Oct. 19 it is slated to introduce the No. 1 Linos Vietna…
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K-water President Yun Seog-dae poses with ambassadors from the five countries of the Mekong River during their meeting designed to discuss ways of promoting cooperation in sustainable water management at Samcheonggak, Seoul, on Sept. 26. (Photo: K-wa…
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Chairman & CEO Kim Tae-hyun of the National Pension Service delivers a commemorative speech at a ceremony to mark the 38th anniversary at NPS headquarters in Jeonju City on Sept. 18.The National Pension Service (NPS) held a ceremony to mark its 3…
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Minister Jeong Eun-kyeong of the Ministry of Health and Welfare poses with major participants of the 15th Asia Pacific Economic Cooperation (APEC) High-Level Meeting on Health and the Economy (HLMHE) that took place from Sept. 15 to 16 at The Shilla …
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President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation and Rashid Bashir, Dean of Grainger College of Engineering at University of Illinois at Urbana-Champaign in the United States participate…
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