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Finance

Non-banks

Sun, July 12, 2020 | 09:01

KAMCO's investor relations (IR) presentation

KAMCO's investor relations (IR) presentation

Moon Sung-yu, second from left in the first row, CEO of Korea Asset Management Corp. (KAMCO) poses for a photo with officials from the finance ministry and investment firms at an investor relations presentation for companies that pay taxes with their own company stocks. The event was held at the Conrad Seoul on Yeouido, Friday. / Courtesy of KAMCO

Anna J. Park | 2020-07-10 17:43

Is Naver poised to dominate financial services?

Is Naver poised to dominate financial services?

Attention is focusing on IT giant Naver as it takes strides into the financial services sector, setting up a corporate body Thursday that will offer insurance services.

Kim Bo-eun | 2020-07-10 16:32

Are card firms too lax in monitoring overseas payments?

Are card firms too lax in monitoring overseas payments?

The surfacing of a mass card data theft case last month is raising questions about efforts card firms are taking to prevent payment fraud using stolen data, especially through overseas websites. In the latest case, a total of 10 million won in payments were made with the stolen data of 617,000 cards by a suspect who attempted to hack commercial banks last year.

Kim Bo-eun | 2020-07-09 15:13

Hong draws attention over Lina Korea's performance

Hong draws attention over Lina Korea's performance

Benjamin Hong, CEO of the U.S. insurer Cigna's subsidiary Lina Korea, is drawing attention for his achievements as he nears the end of his 10-year term.

Kim Bo-eun | 2020-07-09 15:03

Mirae Asset to stay in Hong Kong for investments in China

Mirae Asset to stay in Hong Kong for investments in China

The deepening political crisis in Hong Kong, following Beijing's passage of the national security law and Washington's elimination of the financial hub's special status, is raising concerns for Mirae Asset, which has used its affiliate in the city as a foothold for its global expansion since 2003.

Park Jae-hyuk | 2020-07-08 17:08

KB Securities faces dilemma over overseas expansion

KB Securities faces dilemma over overseas expansion

It's fair to say investing opportunities aren't entirely bounded by geography. If investors are attracted by reports of emerging economies and even booming growth in other countries, it's no question some of them will invest.

Park Jae-hyuk | 2020-07-07 16:02

JC Partners poised to threaten Korean Re with KDB Life

JC Partners poised to threaten Korean Re with KDB Life

JC Partners has drawn keen attention from market observers here, who are wondering whether transforming KDB Life Insurance into a reinsurer could affect the Korea Reinsurance Company's (Korean Re) dominant market share.

Park Jae-hyuk | 2020-07-05 16:09

KakaoPay Securities seeks to capture young investors

KakaoPay Securities seeks to capture young investors

KakaoPay Securities CEO Kim Dae-hong announced on Wednesday the company's decision to launch new bond funds and pledged to continue offering “innovative products” in its retail business.

Kim Bo-eun | 2020-07-01 16:55

Jointly attacking digital insurance market

Jointly attacking digital insurance market

Insurtech start-up Bomapp's CEO Jay Ryu, fourth from left, and AXA Korea's CEO Gilles Fromageot, fifth from left, pose for a photo after signing an MOU at the headquarters of AXA Korea in central Seoul, Friday. The two companies have agreed to jointly develop innovative digital-platform-only insurance products to expand the local digital insurance market. / Courtesy of AXA Ko...

Anna J. Park | 2020-06-29 17:33

Volunteering to help curb COVID-19

Volunteering to help curb COVID-19

Kyobo Life Insurance employees make soap at the insurer's headquarters in central Seoul as part of volunteer activities to prevent the spread of COVID-19. Kyobo said Friday it delivered the bars of soap made by 1,000 of its employees, as well as masks and other supplies, to 800 underprivileged households. / Courtesy of Kyobo Life Insurance

Kim Bo-eun | 2020-06-26 17:01

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