...has expressed his willingness to enact drastic deregulations and introduce innovations into the financial services sector during the Yoon Suk-yeol administration. Deputy Prime Minister and Finance Mi...(financial) consumers.” Choo’s remarks came during his meeting with chiefs from the five major financial groups -- Hana, KB, NH, Shinhan and Woori -- and Financial Services Commission Vice Chairman K...

Shinhan Financial Group Chairman Cho Yong-byeong met with the UK Environment Minister Zac Goldsmith and British Ambassador to Korea Colin Crooks to discuss the role of the finance sector in combating...ed the 2021 United Nations Climate Change Conference in Glasgow, Scotland -- representing Asian financial firms -- where Goldsmith championed global forest protection. Shinhan Financial Group posted ...

South Korea’s KB Financial Group outperformed its local rivals, posting a record net profit for the first three months of the year as the banking industry’s overall performance was bolstered by a sur... share and to regularize quarterly dividends, the firm said in a statement. KB’s industry rival Shinhan Financial Group came in No. 2, posting a net profit of 1.40 trillion won, a record performance ...

SEOUL, South Korea , April 21, 2022 /PRNewswire/ -- Shinhan Financial Group (NYSE: SHG) (KRX: 055550) filed its Annual Report on Form 20-F for the year ended December 31, 2021 with the U.S. Securities and Exchange Commission (SEC) on April 20, 2022 . The report is available at Shinhan Financial Group's Homepage, http://www.shinhangroup.com/en/invest/filing/oversea_filing02.jsp , as well ...

...akhstan, according to Dyussenbayev. Korean companies in the country include Samsung Electronics, Shinhan, Lotte, SK, KNOC, Posco and a Hyundai car assembly plant in Almaty, Kazakhstan’s largest city, ...Kazakh Invest also acts as a one-stop-shop for investment partners and the Astana International Financial Centre hub introduced English common law principles to the Central Asian region, he added. Dy...

... is managed via exchange-traded funds, equity-linked securities, bonds and more. Today, there are 14.48 million out of some 50 million Koreans who have pets, according to a report compiled by KB Financial Group last year. KB Kookmin also has several trust funds focused on inheritance and caters to the aging society alongside Hana, Woori and Shinhan. Hana, on top of its latest product, offers its customers a trust fund that enables grantors diagnosed with dementia control over their assets. “Koreans’ preference for trust funds have been gro...

...ear in terms of the combined size of the accounts held by five major crypto exchanges, watchdog Financial Supervisory Service data submitted to a lawmaker here showed Thursday. Of the total, investors...inancial services. But they have been nonetheless actively seeking to get a foot in the door. Shinhan Financial Group is currently reviewing investment in Korbit, for which it has been providing re...

South Korean banks are notorious among foreign residents here seeking loans and other financial products for their stricter screening and frequent rejections compared to Korean customers. But they h...hat foreigners here could diversify their revenue sources. At the vanguard of the change is JB Financial Group, a more regional business compared to the four major commercial banking groups here -- K...

...better understand customers and enable them to take advantage of services more easily, as local financial institutions step up efforts to digitalize their operations. Hana Bank, one of the five major...service nationwide. The AI banker is part of broader digital efforts the bank’s parent company, Shinhan Financial Group, is undertaking, according to the official, who said the group’s credit arm is ...

...and-file staff and climbed the corporate ladder. Other major conglomerates such as Hyundai Motor Group, SK, LG, Lotte and GS don’t have women CEOs at all. Although Samsung’s Hotel Shilla Lee Bu-jin h...hul-yeon, respectively. Both Chung and Kim are their company’s first female CEOs. The nation‘s financial sector also welcomed only two women to the top bankers’ club this year. Shinhan Financial Gr...

Hana Financial Group Chairman Kim Jung-tai was the highest-paid banking CEO last year, taking home an annual salary of 2.4 billion won ($1.98 million), according to annual reports filed by financial firms Sunday. Kim ranked No. 1 in annual salary paid to executives among his peers, with KB Financial Group Chairman Yoon Jong-kyoo ranking No. 2 with 1.7 billion won and Shinhan Financial Group Chai...

...ded fund, with a combined asset of 158.7 billion won ($131.6 million), are being sold by Korean financial institutions. The nine funds have already disappointed investors since the beginning of the ye...soon as “market conditions allow,” and did not elaborate further. Following Hanwha’s footsteps, Shinhan Asset Management decided to freeze assets of four of its Russia-exposed funds, following an eme...

... Meanwhile, local banks are scrambling to assess the impact of the Ukraine conflict, with Hana Financial Group and Woori Financial Group, which operate Russian branches, leading the charge. Hana ass...y come down to minimizing the exposure to outside risks involving Russia,” an official at Woori Financial Group said. Rival companies like KB Financial Group and Shinhan Financial Group said they too...

...branches and replacing them with mobile and artificial intelligence-based services. On Tuesday, Shinhan Financial Group said it upgraded and rebranded two of its wealth management centers in Seoul to... Justice, a financial civic group here said in December last year. Shinhan’s industry rival KB Financial Group is another player in the industry playing an aggressive game to attract superrich client...

... the data found. Donations were made mostly through related sports associations, with the Korea Ski Association receiving the largest amount of 12.64 billion won from 22 companies, including Lotte Group and Shinhan Financial Group. The Korea Ice Hockey Association was given 9.63 billion won from 12 companies, including KB Financial Group and LG Group, while the Korea Skating Union received 6.43 billion won...