KB wins approval under Indonesia’s stricter holding rules

Shinhan, Hanwha also reorganize local operations as Jakarta centralizes oversight of financial groups Indonesia’s tightening oversight of financial conglomerates is prompting major Korean financial

Korea Investment to widen footprint with KDB deal

price was not disclosed. Once the acquisition is completed, Korea Investment Holdings will make its first foray into the insurance industry. The financial group, whose core business is its brokerage arm

Mirae Asset profit eclipses 3 of Korea’s big 4 banking groups

second quarter, surpassing Shinhan Financial’s 1.82 trillion won as well as Hana Financial and Woori Financial. Shinhan, KB, Hana and Woori make up Korea’s four dominant banking groups. Mirae Asset

Samsung chief tops dividend earners in H1

quarters. Hyundai Motor followed with 1.31 trillion won. Major financial holding companies also raised dividends. KB Financial paid 810.9 billion won, up 21.1 percent, while Shinhan Financial paid 696.3

Market rally lifts Korea's five financial groups to W13tr profit

released Thursday and Friday. KB Financial Group led with 3.88 trillion won, followed by Shinhan Financial Group at 3.44 trillion won and Hana Financial Group at 2.4 trillion won. NH NongHyup Financial Group

BlackRock expands bets on Korea's KAI, EcoPro

Financial Group, in which it owns a 7.41 percent stake, Hana Financial Group with a 7.22 percent stake, Woori Financial Group with 7.18 percent and 6.12 percent of Shinhan Financial Group. The asset manager

Should regulators decide how long bank chiefs stay?

has criticized the leadership structure at financial groups as a "corrupt inner circle," while Financial Supervisory Service Gov. Lee Chan-jin has called for clearer, more transparent succession

[Photo News] Shinhan chief mentors future leaders

Shinhan Financial Group Chairman Jin Ok-dong (center) speaks with scholarship recipients during the 2026 Shinhan Scholarship Camp at Shinhan Bank's Blue Campus in Yongin, Gyeonggi Province, Friday

Shinhan board expands dialogue with UK investors

Shinhan Financial Group's board stepped up efforts to strengthen ties with global investors through a series of investor relations meetings in the UK, the banking group said Sunday. Shinhan Financial

Financial groups reignite race for insurance deals

attracted interest from Korea Investment and Shinhan Financial Group. The sale gained momentum after reports that its owner, JKL Partners, lowered its asking price from about 2 trillion won to around 1