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Chairman Park Hyeon-joo, 2nd R, and other executives are joined by key officials of Prevoir Life Insurance led by CEO Patricia Lacoste, R, of Prevoir Group, after taking over 50 % stake in the local life insurance firm, an affiliate of Prevoir Group at a gathering for the occasion in Hanoi, Vietnam,…
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President Lee Byung-chan of Shinhan Life Insurance Co. President Lee Byung-chan of Shinhan Life Insurance Co. said the company will beef up its capital from 200 billion won to 300 billion won in the second half of this year and follow it up with a similar move if needed. The company still has 200 bi…
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President Lee Dae-hoon of NH Bank.NH Bank has outlets including local subsidiaries, branches and rep offices in five foreign countries such as the U.S., China and India, and plans to further expand its overseas network with a segregated strategy that mixes farm and finance. Its strategies will be fo…
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Chairman Shin Chang-jae of Kyobo Life Insurance Co.(Photo: Kyobo Life)Kyobo Life Insurance Co. will send 50 of its executives to Shanghai and Shenzhen, China, in the middle of this month to visit a number of firms with digitalized facilities mixing such technologies as blockchain and AI, including A…
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President Choi Hi-nam of Korea Investment Corp.(KIC) answers questions at a media briefing held at KIC on May 17.(Photo: KIC)Korea Investment Corp. (KIC) may decide to pull out the $50 million it invested in Elliot Management, a U.S. hedge fund, on account of a conflict of interest related to the he…
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President Jeon Young-muk of Samsung Asset Management Co.Samsung Asset Management Co. has been at work writing a new history of the ETF market, with Smart Beta at the forefront of its operation.The company, which dominates with a 50 percent share of the ETF market, has been getting ready to con…
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Chairman Kim Han of JB Financial Holdings Co.(Photo: JB Fin. Holdings)JB Financial Holdings logged an excellent first-quarter thanks to rising interest earnings amounting to 64.1 billion won, up 36 percent YoY, the company said. The first quarter results were the best since 2013 when the holding com…
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Chairman Cho Yong-byeong of Shinhan Financial Group.
Shinhan Financial Group has been taking a number of measures to be a leader in financial digitalization among its rival financial groups. Included in the important measures are an organizational shake up. The group named the Chief Digital Officer…
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Chairman Yoon Jong-kyoo of KB Financial Group.
KB Financial Group has been taking steps to be a cutting edge financial group by forging cooperation deals with fintech start-ups and the business firms on developing platforms for mutual cooperation. The group has also set up a series of educational p…
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KRX Chairman Chung Ji-won ,3rd L, is among the CEOs of the listed firms and financial authorities and associations as they applaud in celebration of KRX 300 Index for ETF and Venture Funds launched on March 26 at the Korea Exhchange in Busan including Chairman Kwon Yong-won of the Korea Financial In…
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Chairman Kim Ki-moon of Korea Federation of Small and Medium Business (KBIZ) poses with President & CEO Mohammad Ali Rashed Lootah of Dubai Chambers after they discussed ways of promoting exchanges and cooperation at Dubai Chambers on Feb. 7. (Ph…
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Amorepacific Group logged 4,259.9 billion won in sales and 249.3 billion won in operating profit last year. The figures represent a 5.9 percent year-on-year rise and a 64 percent year-on-year jump compared to 2023. The high growth rate of t…
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A view of the redesigned Genesis GV60 whose sale was launched in Korea on March 6. (Photo: Hyundai Motor)Sales of the redesigned Genesis GV60 in Korea started on March 6, showcasing more power and state-of-the-art luxury features.It’s the first time…
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A view of “Bibigo Yugjeubgadeug Mandu,” stuffed with chunks of meat and vegetables, and products of the instant rice brand “Hetbahn Sotbahn,” released by CJ Cheiljedang. (Photos: CJ Cheiljedang)CJ Cheiljedang released “Bibigo Yugjeubgadeug Mandu…
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