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[ THE INVESTOR ] Korea’s major lender Kookmin Bank said it will team up with KB Securities to offer integrated wealth management services from February. KB Financial Group has set up a new adv...
[THE INVESTOR] Korea’s major financial groups are likely to witness their 2016 annual profits rise from a year earlier, on profits from increased lending and reduced costs in risk management, indust...
[THE INVESTOR] South Korea’s pension behemoth is suffering an exodus of fund managers ahead of its planned relocation from Seoul to Jeonju, North Jeolla Province, in late February, according to news...
[ THE INVESTOR ] Bank lending rates on new household loans inched up in December, central bank data showed on Jan. 26. The average interest rates on fresh household loans extended by local banks r...
[THE INVESTOR] The Financial Supervisory Service has put a 10 million won (US$8,631) bounty on voice phishing suspects. On Jan. 26, the FSS posted recordings of five suspects on its anti-voice phis...
[ THE INVESTOR ] South Korea’s finance minister vowed on Jan. 23 to carry on restructuring and supporting troubled industries this year, urging two state-owned policy lenders to continue their effo...
[ THE INVESTOR ] Recently privatized Woori Bank said its outside directors decided Wednesday to renew the term of its current CEO Lee Kwang-goo, who led the bank’s long-awaited privatization alon...
[ THE INVESTOR ] Woori Bank announced on Jan. 24 that it has won approval from the Polish financial regulatory authority to open a representiative office in the eastern European country. Woori B...
[ THE INVESTOR ] The value of merger and acquisition deals in South Korea in 2016 almost halved from the previous year due to the lack of mega deals amid the influence-peddling scandal, according t...
[THE INVESTOR] South Korea and Hong Kong will share financial information on residents starting 2019, the Ministry of Strategy and Finance said on Jan. 23. According to the ministry, the two sides ...
[ THE INVESTOR ] The Export-Import Bank of Korea will reduce total corporate funding this year but enhance support for prospective firms and small and medium-sized enterprises to help revive the lo...
[ THE INVESTOR ] The South Korean won has advanced 3.2 percent against the US dollar so far this year, the best performer among major currencies, making a turnaround from its sharp fall in the pas...
[ THE INVESTOR ] A lower court ordered Deutsche Bank on Jan. 20 to compensate investors who suffered losses due to its manipulation of stock prices. The Seoul Central District Court ordered the Ge...
[ THE INVESTOR ] Shares of CJ E&M have been on the rise as a solo flight in the stock market amid China’s move to restrict imports of South Korea’s cultural contents, market data showed on Jan. 2...
[THE INVESTOR] Nearly 3,000 KB Kookmin Bank employees have opted for voluntary retirement, the bank announced on Jan. 19. According to the bank, 2,795 workers have opted for the voluntary retiremen...
This week's DECODED X
Apple to invest W3tr in LG’s OLED production
Samsung expected to continue record-breaking profit in Q3
Google mulls W600b funding for LG’s VR display chip
Kakao Bank bags over 300,000 accounts on 1st day
Kia sets up India unit ahead of debut
Amorepacific under FTC lens for unfair practices
Meritz Securities hires exec in 30s from Goldman Sachs
