KoreaTimes - Companies

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Companies

Sun, January 29, 2023 | 17:14

Woori pledges to support British teen environmental activists

Woori pledges to support British teen environmental activists

Woori Financial Group announced on Friday that it will sponsor Kids Against Plastic, an environmental group founded by British teenage sisters with a goal of tackling plastic pollution around the world.

2022-12-09 15:45

Shinhan Financial nominates banking CEO as next leader

Shinhan Financial nominates banking CEO as next leader

Shinhan Financial Group said Thursday it has nominated Shinhan Bank CEO Jin Ok-dong as its next leader. Jin, 61, will be officially appointed as the new chairman for a three-year term upon confirmation by shareholders and board of directors in their respective meeting in March next year.

2022-12-08 16:47

MBK Partners founder makes Forbes top philanthropists list for 2nd time

MBK Partners founder makes Forbes top philanthropists list for 2nd time

MBK Partners co-founder and CEO Michael Byungju Kim has made the list of Forbes top philanthropists in Asia for two consecutive years. Forbes announced earlier this week that a total of 15 business people have made the list of “Asia's 2022 Heroes of Philanthropy”, with nine being chosen for the first time.

Anna J. Park | 2022-12-08 16:01

Macquarie joins bid to acquire LOCA Mobility

Macquarie joins bid to acquire LOCA Mobility

Macquarie Asset Management was revealed to have been among the few potential buyers that participated in the main bid to acquire LOCA Mobility, a subsidiary of Lotte Card. LOCA Mobility operates various traffic solution services, including pre-paid cards, city bus management systems (BMS) and bus information systems (BIS).

Anna J. Park | 2022-12-07 16:22

Daol Investment put up for sale

Daol Investment put up for sale

Korea's first-generation venture capital firm Daol Investment, formerly known as KTB Network, has been put up in the M&A market, as its parent company aims to secure liquidity amid market uncertainties.

Anna J. Park | 2022-12-07 16:12

Yoon's ex-election camp aide emerges as candidate to lead NongHyup Financial

Yoon's ex-election camp aide emerges as candidate to lead NongHyup Financial

Lee Suk-joon, former chief of the Office for Government Policy Coordination, is being considered as a potential candidate to lead NongHyup Banking Group, according to sources familiar with the matter, Tuesday. If realized, Lee will replace incumbent NongHyup Financial Group Chairman and CEO Son Byung-hwan, who was thought to be going for his second term after taking office in...

2022-12-06 16:39

Korea Investment expected to take over KakaoBank stake

Korea Investment expected to take over KakaoBank stake

Korea Investment & Securities is expected to take over a significant stake in KakaoBank, currently held by its parent company as well as its affiliate. If that happens, the brokerage firm could become the country's top brokerage company with the most capital.

Anna J. Park | 2022-12-06 16:33

Banks mull over private offering of bonds in fresh attempt to raise capital

Banks mull over private offering of bonds in fresh attempt to raise capital

Banks are considering issuing bonds that will be privately offered to other lenders, in a fresh attempt to raise money, as the financial authorities are pressing them to refrain from issuing bonds that are publicly put up for sale on the market, according to multiple lenders, Monday.The private offering of bonds has never taken place in the banking industry before, while the ...

2022-12-05 16:46

FSS urges Shinhan Bank to bolster anti-money laundering system

FSS urges Shinhan Bank to bolster anti-money laundering system

The Financial Supervisory Service (FSS) has asked Shinhan Bank to improve its anti-money laundering (AML) management system, particularly in the areas of digital asset businesses and overseas branches.

Anna J. Park | 2022-12-05 16:40

JB Financial Group awarded as outstanding ESG company

JB Financial Group awarded as outstanding ESG company

JB Financial Group has been awarded as an outstanding company for its environmental, social and governance (ESG) criteria by the Korea Institute of Corporate Governance and Sustainability (KCGS), as the financial group received a comprehensive A rating from the corporate assessment agency.

Anna J. Park | 2022-12-05 16:32

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Cambodian ministers highlight potential for growth, cooperation

2	INTERVIEWBusan has potential to be world-class city, mayor says

3	ANALYSISPandemic awakens demand for data-driven automation

4	Korea to lift indoor mask mandate Monday

5	Hana unveils vision to become Asia's best financial group

6	Seoul International School celebrates 50th anniversary

7	Suicidal pedestrian saved over Han River bridge

8	Youth, foreign drug offenders increase threefold in 5 years

9	Japan considers upholding past apologies to mend ties with Korea

10	Slowed Fed rate hike, China's reopening to boost KOSPI

DARKROOM