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KB Chairman Yoon looks set to win second term
Yoon Jong-kyoo, the chairman of KB Financial Group, looks set to win a second term, as the group’s chairman nomination committee on Thursday selected him as the sole candidate for the next leader. Y...
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Korean banking giants lag behind in global capital standard
...oups were among the top 60 in terms of core capital as of the end of 2016. Five banking groups -- KB Financial Group, Shinhan Financial Group, Hana Financial Group, Woori Bank and the state-run Korea Development B...
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[News Focus] Labor-friendly government boosts confidence of financial unions
...in government and the appointment of a former financial unionist as labor minister, financial labor ...puted official formerly served as CEO of Hana Financial Group from 2012-2014 and chief director of t...
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Financial firms expanding Korean athletes sponsorships ahead of PyeongChang Olympics
...ir brand image while contributing to the better performance of the home team. One of the major financial companies supporting athletes is KB Financial Group, which sponsored now-retired figure skating star Kim Yu-na since 2006. Industry w...
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Regulator to begin inspection of securities firms aspiring to become IBs
The financial regulator will conduct inspections this week of five leading securities firms that wa...Electronics. Lee, the heir-apparent of Samsung Group, was sentenced five years in prison on Friday ...
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[Monitor] ‘Rich’ Koreans surge by 30,000 in a year
A report by KB Financial Group’s research center showed that the number of those in South Korea with assets worth 1 billion won or more reached 242,000 at the end of last year, up by 14.8 percent fro...
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Number of wealthy people in Korea up 14.8% last year
The number of people in South Korea with financial assets worth more than 1 billion won ($892,295) ...owed Tuesday. According to the annual survey by KB Financial Group Inc.'s research institute, peopl...
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Kakao Bank poses challenges to conventional banks
...zing Kakao Bank’s expanded interest benefits, financial supervisors have recently been adding pressu.... The four biggest banking groups -- Shinhan Financial Group, KB Financial Group, Woori Bank and Ha...
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Banks post record-high H1 profits on household lending
... profit of 5.88 trillion won ($5.27 billion) during the first six months of this year. Shinhan Financial Group topped the list with 1.89 trillion won, followed closely by rival KB Financial Group at 1.86 trillion won. Both front-runners set new six-month profit records since s...
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Seoul stocks retreat on profit-taking
... percent to 127,000 won, and leading retail bank KB Financial shed 1 percent to 59,600 won. In cont...ogics, a biopharmaceutical affiliate of Samsung Group, jumped 5.13 percent to end at 287,000 won. T...
