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FSS, BOK co-audit 4 major banks over loans to small business owners
South Korea’s chief financial supervisory body and the central bank on Monday launched a joint audi...ly to ensure their regulatory compliance. KB Financial Group and KB Kookmin Bank have been picked a...
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Shinhan’s fintech innovation hub to ramp up startup support with FOF firm
Shinhan Futures Lab, a South Korean innovation hub owned by Shinhan Financial Group , said on April 11 it is poised to ramp up support for startups by teaming up with Korean fund of funds managemen...
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Hanjin succession under spotlight upon chief’s death
Following the shocking news of Hanjin Group Chairman Cho Yang-ho’s death on Monday morning, specula... billion won,” said Park Gwang-rae, analyst at Shinhan Financial Investment. “But the amount may sh...
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[Going Renewable (3)] Why can’t Samsung join RE100?
...of economics. In November of last year, 11 large Korean companies, including Samsung, SK hynix, Shinhan Financial Group and Oriental Brewery, called for the creation of a system where they can purchase renewa...
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Shinhan Bank’s new CEO pledges two-track globalization strategy
...he plunging value of the won amid past global financial crises resulted in major interest payback bu...s came after Jin, formerly a vice president at Shinhan Financial Group, was appointed to his new pos...
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Viva Republica finalizes consortium for internet-only Toss Bank
...epublica will hold a 67 percent stake -- as a financial operator, not as an information and communic...-only bank,” said CEO Lee Seung-gun. Earlier, Shinhan Financial Group had dropped out of the consor...
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Shinhan drops out of internet-only bank consortium led by Viva Republica
Shinhan Financial Group, a major banking group in South Korea, has dropped out of the internet-only bank consortium led by Viva Republica, the operator of the popular mobile money transfer app Toss. ...
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Talks for alternative trading system rekindle in Korea
...South Korea, encouraged by the government and financial sector’s moves to encourage more active trad...rities, Mirae Asset Daewoo, KB Securities, and Shinhan Investment, they said. The firms had express...
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Toss app operator, Kiwoom Securities vie to become Korea’s 3rd internet-only bank
...m within this week and formally apply for an operational license. So far, it has been joined by Shinhan Financial Group as well as e-commerce platform provider Cafe24, online fashion store Musinsa and real es...
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Major banking groups kickstart annual shareholders meetings
...rns over the declining stock prices of listed financial companies under the banking groups, demandin...with a shareholders meeting slated for Friday. Shinhan Financial Group, KB Financial Group and Woori...
