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September 05, 2024
Banks, blue-chips tipped for Value-up Index
...ikkei 225 in its profitability. The introduction of related ETFs has been limited with only two products listed for the time being. Yuanta Securities projected Hyundai Motor Group, Celltrion, KB Financial Group, Shinhan Financial Group, Posco Holdings, Hana Fin...
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September 03, 2024
Ripple CEO slams SEC chair to win back Korean investors
...dent Long. She identified Korean institutions as potential partners, noting that major banks like Hana Bank and Shinhan Bank are entering the crypto custody space, which presents significant opportuni...nities. “Current regulations do not allow banks to make payments using blockchain,...
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August 29, 2024
CEOs at top banks face mixed outlooks on reappointment
... may boost some CEOs' chances for an extension. However, others face uncertainty due to ongoing financial scandals and management issues, prompting regulators to call for tighter oversight. Additional...cess. Kang recently indicated he will restrict the reappointment of subsidiary CEOs ...
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August 22, 2024
Hana empowers aspiring women leaders
Hana Financial Group is spearheading female empowerment with its program designed to unlock the potential of women's talents and to nurture them as leaders shaping the future of the group. The finan...on, team project activities, digital environment and data, while receiving fe...
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August 19, 2024
Bankers better paid than Samsung, Hyundai Motor workers
...untry's largest companies. According to recent public disclosures reported by the banks to the Financial Supervisory Service, Hana Bank led the pack, offering 67 million won on average to its employe...lary of 89.25 million won. Woori Financial Group topped the list...
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August 13, 2024
Zyx Technology signs sponsorship deal with golfer Kim Jae-hee
...mestic and international tournaments. Kim became a member of the Korea Ladies Professional Golf Association in 2019 and claimed her first victory this season at the KLPGA Tour's opening event, the Hana Financial Group Singapore Women's Open. "I am thankful to Zyx Technology ...
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August 11, 2024
Hana Financial, FSS join forces to raise alarm over youth gambling
Hana Financial Group said Sunday that it will inject 10 billion won ($7.32 million) over the next three years to bring awareness to the dangers of illegal gambling for youngsters. The project is co-...gh a video message, further calling for youngsters not to be exposed to illeg...
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August 11, 2024
Meritz Fire joins protracted race for MG Insurance acquisition
...e equity firms Dayli Partners and JC Flowers. Meritz Fire, the non-life insurance arm of local financial holding company Meritz Financial Group, confirmed its participation Friday. "We are currently...ancial group, ranked fourth in market capitalization behind banking holdin...
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August 05, 2024
Woori returns to investment banking after 10-year hiatus
Woori Investment & Securities, a brokerage house under Woori Financial Group, is poised to bolster its presence in investment banking, backing the potential of its group affiliates. The securities f...investment banking,” he said. With the addition of Woori Investment & Securities, all...
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July 26, 2024
Hana chief cleared of severe punishment in DLF crisis
After a four-year legal battle, Hana Financial Group Chairman Ham Young-joo has escaped regulatory punishment imposed for internal control failure involving the misselling of derivatives-linked funds...t’s ruling, which partially favored Chairman Ham, former Hana Card...
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July 25, 2024
Payment delays prompt exodus from Tmon, Wemakeprice
...eek, citing a failures in getting paid by the two platforms. Similarly, travel agencies including Hana Tour, Modetour and Yellow Balloon Tour also halted sales of travel packages, advising consumers t...emporary, saying they plan to introduce a settlement system in collaboration with a ...
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July 16, 2024
Proptech startup DNK eyes expansion into Japan
...practices.” Established in 2020 and rebranded as DNK this year, the company has experienced steady growth, securing over $30 million in funding from prominent domestic and international investors, including NFX, Woori Venture Partners, Hana-Magna, Hana Financial, M...
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July 08, 2024
Hana Financial to nurture fintech talents for digital innovation
Hana Financial Group kicked off its financial technology talent nurturing program, “Hana Digital Power On,” Monday, aiming to strengthen digital innovation in the finance sector. Marking its third year, the program seeks to train young talents to develop t...
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July 07, 2024
Trusts of wills: Banks vie for W100tr inheritance market
...h has sizable assets, the necessity of estate planning is felt not only by the wealthy. A recent Hana Institute of Finance report revealed that eight out of 10 middle-income individuals intending to ...e succession of life insurance and real estate, including home mortgage loans. In O...
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July 05, 2024
Value-up Program optimism brings Kospi to two-year high
...rnment's announcement of the 'Dynamic Economy Road Map' the previous day, automobile stocks and financial stocks continued to strengthen and broke new highs," said Kim Ji-won, an analyst at KB Securit...n more than 50 percent this year, showing the largest increase among financial<...
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July 03, 2024
Korea soft-launches longer forex trading hours
...to a smooth start with ample liquidity and no significant increase in volatility, the country’s financial authorities said Tuesday. Starting from Monday, Korea has extended won trading hours to make ... and Bank of Korea Deputy Gov. Ryoo Sang-dai visited the foreign exchange dealing r...
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July 02, 2024
Hana Bank’s extended forex trading kicks off on smooth run
Hana Bank’s foreign exchange trading room in Seoul, the largest in South Korea, completed its first extended trading session on Tuesday. Starting Monday, Korea extended its foreign currency trading ...rom 3:30 p.m. to 2 a.m. the following day. This move is part of Korea’s strategy to e...
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June 30, 2024
Foreign buying of Korean shares soars to new record in H1
...sung Electronics, HD Hyundai Electric and Kia. Biotechnology company Alteogen, together with KB Financial Group and Krafton, the game developer, also made it to the top 10 bought share list. The top ...tinue the net buying streak as Korea's export increase has been steady," analyst Lee...
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June 23, 2024
Hana Financial chief highlights green financing efforts in Australia
Hana Financial Group Chairman Ham Young-joo discussed the importance of green financing with Australia’s high-ranking government official in a meeting held in Canberra, the firm said Sunday. Ham met with Alex Heath, the first assistant secretary of the Australian Treasury’s c...
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June 19, 2024
Hana Financial head pitches to global investors in Hong Kong
Hana Financial Group Chairman and CEO Ham Young-joo met with overseas investors in Hong Kong through a two-day event to promote the banking group's strategies to elevate its corporate and shareholder values, the firm said Wednesday. At the event which took place Monday and Tues...