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[ THE INVESTOR ] Allianz Life Insurance Korea, a local insurer acquired by China’s Anbang Group late last year, said on June 30 it appointed its current CFO as the new chief executive. Allianz Lif...
[THE INVESTOR] German insurance giant Allianz is reentering the Korean market after a 14-year hiatus, by launching a new Korean unit for non-life insurance solutions for businesses, it announced on ...
[ THE INVESTOR ] Banks and other financial institutions in Korea are bracing for cyberattacks by blackmailers, according to the industry on June 27. No damage has been reported so far, but about 2...
[THE INVESTOR] Citibank Korea’s consumer banking head Brendan Carney who has been leading its plans to shut down 80 percent local branches will extend his tenure possibly for another one year, accord...
[THE INVESTOR] Allianz Life Insurance Korea, a Korean insurer acquired by Anbang Group late last year, is announcing a new CEO this week amid growing uncertainties surrounding the Chinese owner, ind...
[ THE INVESTOR ] The decision to include China's domestic stocks in the Morgan Stanley Capital International emerging market index is expected to have limited impact on the Korean stock market, acc...
[THE INVESTOR] The growing risks from Anbang Insurance Group, China’s aggressive buyer of foreign assets that is facing government scrutiny, are weighing down on its Korean life insurers, analysts he...
[THE INVESTOR] Editor’s note: The Korean version of Stewardship Code was unveiled in December last year with aims to encourage more responsible investments by institutional investors here. In line ...
[THE INVESTOR] Loans taken out to finance facility expansions reached an all-time high in March, in line with a recovery in exports and the global economy, data showed on June 18. According to the ...
[THE INVESTOR] Loans extended by savings banks, insurers and other non-bank institutes reached a record high in April as local banks tightened lending regulations, industry data showed on June 18. ...
[ THE INVESTOR ] The Asian Infrastructure Investment Bank, a China-backed multilateral development bank, aims to put the quality of projects ahead of quantity, the bank’s head said. Since launchin...
[THE INVESTOR] Citibank Korea CEO Park Jin-hei on June 15 made it clear the bank has no plans for layoffs or exit from the domestic market. “There will be no restructuring,” Park told reporters in ...
[THE INVESTOR] KakaoBank is in talks with Citigroup to provide international money transfer services, according to a Chosun Biz report on June 15. The banking unit of messenger app giant Kakao wi...
[ THE INVESTOR ] Foreign currency deposits held by banks in Korea rose in May, central bank data showed on June 15. Outstanding foreign currency deposits held by local banks, domestic and foreign,...
[THE INVESTOR] Three European financial firms -- Royal Bank of Scotland, Goldman Sachs International and BBVA -- have decided to halt banking services in Korea, joining a slew of foreign banks here ...
[DECODED X] Up to speed
Kolon’s TissueGene doubles investment in Invossa
Samsung Life, Kyobo Life invest in US toll road
Hyundai Livart to open Williams Sonoma’s flagship store in Gangnam
Hyundai hires ex-Toyota veteran to lead US operations
Apple’s iPhone X hit by limited component supplies
[INTERVIEW] Startup billing tells it all: SparkLabs CEO
Gov’t committee to take call on LG Display’s OLED plant in China
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