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President Lee Kwang-goo of Woori Bank.
Woori Bank has been able to sell 29.7 percent of its stake held by the government to seven successful bidders in November. It plans to use the momentum to become one of the leading financial groups in Korea, joining KB Financial, Hana Financial and Shinhan Fin…
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Chairman Hwang Young-key of the Korea Financial Investment Association.
Korea Financial Investment Association (Kofia) plans to go after the financial regulations that segregate the domestic and foreign financial firms operating in Korea to reform them next year.
At a briefing session held on Dec.…
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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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U.S. President Donald Trump shakes hands with Chinese President Xi Jinping at a welcoming ceremony in honor of President Trump, on a state visit, at the Great Hall of the People in Beijing on May 14. (Photo on the courtesy of the White House)U.S. Pre…
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President Lee Jae-myung and Indian Prime Minister Narendra Modi address a joint press conference in New Delhi on April 20. President Lee Jae-myung made a state visit to Vietnam and expanded diplomatic activities designed to build global supply c…
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(from left) Dignitaries, including Presidential Chief of Staff for Policy Kim Yong-beom,; Kim Sung-hwan, Minister of Climate, Energy and Environment; Kim Jung-kwan, Minister of Trade, Industry and Resources; Bae Kyung-hoon, Deputy Prime Minister and …
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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…
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