Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group said on Oct. 29 that its net profit for the first three quarters of 2019 came to 1.665,7 trillion won, the largest in its history, excluding one-time profits, up 12.5 percent year-on-year. The group said credit for t…

Chairman Park Hyeon-joo of Mirae Asset Group. (Photo: Mirae Asset)Mirae Asset Daewoo has been cruising with its new window, the One Asia Equity. Its Hong Kong subsidiary handled the business firm’s move to join the Nasdaq market as co-manager, and also successfully managed to have the company trade…

President Jung Il-moon of Korea Investment and Securities Co. (Photo: KIS)Korea Investment & Securities is quickly becoming Asia’s leading investment bank, as it increases its presence in major global markets while securing a stable profit model.The Korean securities firm has been pursuing a tw…

President Won Gee-chan of Samsung Card.Samsung Card Co. on Friday reported its third-quarter net income of 90.8 billion won (US$ 78.4 million), up 12.5 percent from a year earlier.The company said in a regulatory filing that it posted 120.1 billion won in operating profit for the quarter, compared w…

President Lee Dae-hoon of NH Bank joins the Most Excellent Customers of the bank in a program to help the farmers in Goksong, S. Jeolla Province on Oct. 22. (Photo: NH Bank) NH Bank is set to launch a wealth management department next year for the first time in its 58-year history as part of its str…

President Hur Yin of KB Kookmin Bank. (Photo: KB Bank)KB Kookmin Bank CEO Hur Yin is headed towards another term after KB Financial Group nominated him as a candidate to stay on as head of its banking unit on Oct. 17. The group said the nomination was made during the group's CEO recommendation commi…

President Lim Young-jin of Shinhan Card, center, shakes hands with Rotem Hershko, head of Amazon Global Export, left, and Bharat Maheshwari, head of the Global Business Development of Amazon, after signing an agreement on mutual cooperation between Shinhan Card and Amazon at the head office of the c…

Chairman Sohn Tae-seung of Woori Financial Group joins other dignitaries in cutting the opening tape for Shinhan Bank’s branch in Da Nang, Vietnam, on Nov. 7. (Photo: WFG)Woori Bank has opened a branch in Da Nang, Vietnam, further expanding its presence in the Southeast Asian country.The opening on…

President Yoon Yeol-hyun of Kyobo Life Insurance receives the technology initiative of the year award at the Asia Insurance Industry Award held in Singapore on Oct. 30. (Photos: Kyobo Life Insurance)Kyobo Life Insurance said has developed the world’s first artificial intelligence-based underwriting…