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President Lee Dong-cheol of KB Kookmin Card.KB Kookmin Card will no longer automatically issue paper receipts for transactions less than 50,000 won from July 1, as the credit card firm decided to introduce selective issuance system so cardholders can decide whether or not to get receipts for transac…
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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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A staff member with KGC explains about standardized ingredients of the brand G1899 at the Supply Side Global 2025 that took place in Las Vegas, the United States, from Oct. 29 to Oct. 30. (Photos: KGC)Korea Ginseng Corp. (KGC) has entered the global …
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A bird’s eye-view of a project to build the planned National AI Computing Center in Haenam, Jeollanam-do. Samsung SDS was the sole bidder of the project. (Photo: Solaseado)Announcing the outcomes of a third bidding on the National AI Computing Cente…
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Chairman Shin Dong-bin of Lotte Group. (Photos: Lotte Group)Chmn. Shin Dong-bin of Lotte Business Group carried out a sweeping reshuffle, forcing all vice chairmen to resign from their positions. Twenty CEOs, almost one-third of the CEOs of the …
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CJ Group Chairman Lee Jay-hyun poses for a photo with UAE Media Council Chairman Abdullah Al Hamed in the United Arab Emirates on Dec. 9.CJ Group Chairman Lee Jay-hyun successfully carried out his global field-oriented management initiative in 2025, …
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