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Finance

Banks

Sat, May 30, 2020 | 04:20

Kakao Bank to come under sole leadership of Yun Ho-young

Kakao Bank to come under sole leadership of Yun Ho-young

Kakao Bank said Tuesday the internet lender will be led solely by the current CEO Yun Ho-young, after the departure of co-CEO Lee Yong-woo.

Kim Bo-eun | 2020-03-17 14:39

Shinhan call center staff to work from home

Shinhan call center staff to work from home

Shinhan Bank has become the nation's first commercial bank to allow its customer service center employees to work from home, amid growing fears of potential mass infection of COVID-19 at call centers.

Park Jae-hyuk | 2020-03-15 16:47

Former BC Card CEO to lead K bank

Former BC Card CEO to lead K bank

K bank said Wednesday former BC Card CEO Lee Mun-hwan was selected as the internet bank's next chief.

Kim Bo-eun | 2020-03-11 16:55

Financial firms' overseas business faces setback

Financial firms' overseas business faces setback

The escalating coronavirus has put the brakes on financial groups' plans for overseas business this year. The postponement of key meetings is set to affect the firms' plans at a time when overseas business has become increasingly important against Korea's dropping growth and interest rates, as well as tighter regulations

Kim Bo-eun | 2020-03-11 16:03

For technological innovation

For technological innovation

Minister of Trade, Industry and Energy Sung Yun-mo, center, poses with Industrial Bank of Korea (IBK) CEO Yoon Jong-won, third from left, Shinhan Bank CEO Jin Ok-dong, third from right, and other participants at a signing ceremony at Glad Yeouido in Seoul, Wednesday. At the ceremony to raise a 500 billion won ($418 million) master-feeder fund for R&D by small- and medium-...

Park Jae-hyuk | 2020-03-11 15:53

Woori chief files injunction against FSS sanctions

Woori chief files injunction against FSS sanctions

Woori Financial Group Chairman Son Tae-seung filed an injunction Sunday against sanctions imposed by the Financial Supervisory Service (FSS) over the so-called “DLF fiasco,” which prevents him from serving another term, according to industry sources, Monday.

Park Jae-hyuk | 2020-03-09 16:21

Shinhan chief holding anti-corona meeting

Shinhan chief holding anti-corona meeting

Shinhan Financial Group Chairman Cho Yong-byung holds an emergency meeting via teleconferencing, Friday, on minimizing customers' inconvenience due to the spread of the coronavirus. He urged executives to remain agile in tackling lingering threats from the COVID-19 epidemic. Courtesy of Shinhan Financial Group

Lee Min-hyung | 2020-03-08 16:48

K bank's capital boost plan back in limbo

K bank's capital boost plan back in limbo

The future of K bank is up in the air as its plan to boost its capital base came to a deadlock again, with the National Assembly Thursday failing to pass revisions to regulations on internet-only banks.

Kim Bo-eun | 2020-03-06 15:28

Woori chief set for lawsuit as FSC finalizes sanctions

Woori chief set for lawsuit as FSC finalizes sanctions

Woori Financial Group Chairman Son Tae-seung will file administrative litigation against the Financial Services Commission to prevent its punitive measures against him for the so-called “DLF fiasco” taking effect, the banking group said Wednesday.

Park Jae-hyuk | 2020-03-04 15:56

NH's new leader reshuffles management

NH's new leader reshuffles management

The leaders of NongHyup Financial Group's affiliates are set to be replaced, after a reshuffle by the National Agricultural Cooperation Federation's (NACF) new chief.

Kim Bo-eun | 2020-03-04 15:49

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