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Finance

Non-banks

Fri, February 26, 2021 | 16:50

Kyobo pushes for 'digital innovation'

Kyobo pushes for 'digital innovation'

Kyobo Life Insurance Chairman Shin Chang-jae has pledged to inject innovative spirit into the firm's digital business, as one of his top management goals for 2021.

2021-01-10 15:45

China's crackdown on Jack Ma concerns KakaoPay

China's crackdown on Jack Ma concerns KakaoPay

KakaoPay is facing growing concerns over its second-largest shareholder, Alipay, after Beijing's financial authorities have intensified their crackdown on Jack Ma, the founder of Alibaba Group and the largest shareholder of Ant Group which operates China's leading mobile payment service.

2021-01-04 16:39

Jack Ma's absence from public view fuels speculation about billionaire's whereabouts

MBK to select scholarship awardees

MBK to select scholarship awardees

The MBK Scholarship Foundation, which was established in 2007 using MBK Partners Chairman Michael Byungju Kim's own money, will select scholarship awardees among low-income students who will enter university next year, the foundation said Monday.

2020-12-21 15:21

Mirae Asset Daewoo promotes Kim, Min to executive presidents

Mirae Asset Daewoo promotes Kim, Min to executive presidents

Mirae Asset Daewoo promoted Kim Byung-yoon and Min Kyung-boo to executive president positions, Wednesday.

2020-12-09 16:33

Samsung gives another chance to financial units' CEOs

Samsung gives another chance to financial units' CEOs

The top executives of Samsung's financial services subsidiaries have retained their seats in the latest reshuffle, despite the multiple challenges they have faced due to sanctions from financial authorities and the COVID-19 pandemic.

2020-12-07 16:28

Toss operator in hot seat for partnership with police

Toss operator in hot seat for partnership with police

Viva Republica, the operator of mobile money transfer app Toss, has come under fire on social media for its latest partnership with the National Police Agency formed to prevent online fraud.

2020-12-03 16:22

Mirae Asset's overseas profits exceed W244 bil.

Mirae Asset's overseas profits exceed W244 bil.

Mirae Asset's cumulative profits from 40 overseas branches in a dozen countries during the first three quarters of this year stood at 244.3 billion won ($222 million), exceeding the 238.3 billion won earned for all of 2019.

Anna J. Park | 2020-12-02 16:11

Merrill Lynch Seoul's hefty dividend payment raising stir

Merrill Lynch Seoul's hefty dividend payment raising stir

Merrill Lynch International's Seoul branch sent a large sum of money to its United States headquarters again this year, despite continuous backlash against the annual practice of foreign brokerages that transfer the national wealth back to their own countries.

2020-11-25 15:28

'30,000 deaths caused by Samsung insurers' coal investments'

'30,000 deaths caused by Samsung insurers' coal investments'

Environmental groups are stepping up pressure on Samsung's affiliates to stop their coal-related investments. The Korea Federation for Environmental Movements (KFEM) staged a protest Tuesday in front of its headquarters in central Seoul, claiming coal-related investments by Samsung's insurance units have caused the early deaths of over 30,000 people, due to air pollution.

2020-11-10 17:13

Video call claim service

Video call claim service

Heungkuk Fire & Marine Insurance's Managing Director Jung Woo-hyeung, left, holds a memorandum of understanding with Klounge CEO Lee Tae-ho at the headquarters of Heungkuk Fire in central Seoul, Friday. Through joint cooperation, a customer of the insurance company can have real-time consultation with claim agents about any vehicle accidents. / Courtesy of Heungkuk Fire & Mar...

Anna J. Park | 2020-11-09 16:36

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