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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group is on the verge of launching a new CIB operation by integrating the investment banking units of its affiliates - Woori Bank and Woori Investment Bank - which will be the first such move of its rebirth as a financial ¡¦
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Chairman Sohn Tae-seung of Woori Financial Group and CEO of Woori Bank said he will go after M&As like never before to expand the group¡¯s business scale in key financial areas such as insurance and securities. ¡°Our M&As just beg¡¦
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Chairman Jung Ji-won of the Korea Exchange. (KRX) (Photo:KRX) The stock market trading slowed somewhat even though the new tax on stock trading was put into force on May 30. Transactions amounted to 1.099,1 billion, a fall from the 1.383,9 billion trade transactions averaged daily in May.The daily t¡¦
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President Lee Jin-kook of Hana Financial Investment Co.Hana Financial Investment Co. (HFI), an affiliate of Hana Financial Group, plans to boost its capital to around 4 trillion won and become a large investment banking firm. Its closest rival, Shinhan Financial Investment, has put off its plan to i¡¦
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Chairman Kim Jung-tai holds a copy of an MOU signed with President Loie Le Guisquet of Oracle EMEA and JAPAN, for mutual cooperation on GLN¡¯s successful launch of services and global expansion and collaboration on new technologies such as blockchain and AI, among others. (Photo: HFG)Hana Financial ¡¦
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group Co. reported a 7.1 percent increase in its net profit for the first quarter ending March from a year earlier, thanks to gains from the insurance unit, Orange Life Insurance, Ltd. it acquired last year.Shinhan Fi¡¦
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KB Financial Group)KB Financial Group posted 845.7 billion won in net profit in the first quarter of this year a little down YoY but three times more than the preceding quarter, the group said on April 24.The group cleared that the Q1 net profit ¡¦
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A group of dignitaries led by Chairman Kim Jung-tai of Hana Financial Group, 3rd L, and leaders of local banks in Taipei, Taiwan, pose for a photo session at a launching ceremony of the Hana Bank¡¯s overseas electronic payment service at the bank¡¯s Taiwan branch on April 24. (Photo: Hana Financial ¡¦
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Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG)NH Financial Group reported an 11-percent jump in its first-quarter earnings from a year earlier thanks to a stellar performance of its banking and investment securities units.NH Financial Group said in a regulatory filing on April 29 that i¡¦
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Chairman Sohn Tae-seung of Woori Financial Group. (Photos: WFG)Woori Financial Holdings Corp. delivered a net profit of 568.6 billion won ($490.5 million) in the first quarter, posting better-than-expected results since its rebranding to a holding entity earlier this year.The Korean company said Apr¡¦
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With (from left, standing) Minister of Environment Kim Wan-sup, Deputy Prime Minister-Minister of Economy and Finance Choi Sang-mok, Minister of Trade, Industry and Energy Ahn Duk-geun, and Minister of Land, Infrastructure and Transport Park Sang-woo¡¦
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Tens of thousands of people, carrying candles and pickets, take to the street in front of the National Assembly in Yeouido, Seoul, to protest against President Yoon Suk-yeol¡¯s issuing of martial law and demand President Yoon to step down from his pr¡¦
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