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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...egularly to ensure their regulatory compliance. KB Financial Group and KB Kookmin Bank have been pi...
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KB Financial chairman calls for China business expansion
KB Financial Group chief Yoon Jong-kyoo called for greater business expansion in the Chinese market, during talks at the Boao Forum, market watchers said Sunday. The chairman outlined his goals at ...
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[Herald Interview] Yulchon M&A lawyer predicts ‘new wave’ in Indonesia
...he way for large business groups to take over financial companies, especially in the wake of the glo...inheung Securities and Hyundai Heavy Industries Group’s acquisition of CJ Investment & Securities. ...
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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...rea Investment & Securities, Mirae Asset Daewoo, KB Securities, and Shinhan Investment, they said. ...
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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...areholders meeting slated for Friday. Shinhan Financial Group, KB Financial Group and Woori Bank are...
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New Woori Financial steps up nonbanking M&A with grand vision
Woori Financial Group, which began operating under a holding company structure from January, is ste...inance and banking segment now has five major financial holding companies -- KB, Shinhan, Woori, Han...
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Korea's auto market feels heat from credit card issue
...eek of trying to minimize damage, Hyundai Motor Group is unable to accept payments using Shinhan Car...ions took effect in November. Last year, the Financial Services Commission ordered credit card comp...
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Major S. Korean financial groups’ dividends top W2.5tr
...he cash dividends of South Korea’s four major financial groups topped 2.5 trillion won ($2.23 billio...g to reports Sunday. According to the groups -- KB Financial, Shinhan Financial, Woori Financial an...
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Brokerage firms turn to YouTube
...lighting his belief that viewers grasp content shared via videos more clearly. Meanwhile, Hana Financial Investment has added a twist to market reports by livestreaming a group of its analysts having their daily morning meetings. They offer analysis on some of their top st...
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Securities firms’ offline branches drop below 1,000
..., data showed Monday. According to the Korea Financial Investment Association, the number of brick-...ment, its customers in the 46-55 age range -- a group perceived to prefer offline exchanges -- incre...
