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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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President Lee Dong-cheol of KB Card, left, delivers a check for 120 million won in donation to the Mirok Umbrella Children’s Foundation on May 3. (Photo: KB Card)KB Card donated 120 million won to the Mirok Umpbrella Children’s Foundation to help the foundation’s efforts to fight against fine dus…
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President Hong Beom-sik of LG Uplus. (Photos: LG Uplus)LG Uplus said on Oct. 23 that a paper on its in-house developed Generative AI technology “ixi-GEN” was recognized by EMNLP 2025, one of the world’s top natural language processing (NLP) confer…
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LG Uplus CISO and CPO Hong Kwan-hee explains security-first strategies at a meeting on security strategies at LG Uplus office building in Yongsan, Seoul, on July 29. (Photo: LG Uplus)LG Uplus has unveiled “U-Dok Pick AI,” combining a variety of AI …
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CEO Kim Young-shub of KT. (Photos: KT)KT said on June 12 that Palantir Chief Revenue Officer Ryan Taylor visited Korea and executives and staffers from both sides discussed the direction of specific strategies. Palantir is a software platform de…
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President Park Yoon-kyu of the National Industry Promotion Agency poses with WIS Innovation Awards winners at an awards ceremony on the sidelines of 2025 World IT Show, which took place at COEX in Seoul from April 24 to April 26. (Photo: NIPA)2025 Wo…
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