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Finance

Non-banks

Fri, February 26, 2021 | 15:46

NH-Amundi main beneficiary of Moon administration

NH-Amundi main beneficiary of Moon administration

NH-Amundi Asset Management has become a rising star under the Moon Jae-in administration for its preemptive efforts to keep pace with major government policies.

Park Jae-hyuk | 2020-09-09 15:24

Macquarie Korea braces for tussles with authorities

Macquarie Korea braces for tussles with authorities

Macquarie Korea Infrastructure Fund (MKIF), which has been mired in multiple lawsuits with the central and local governments here, has appointed a former government official as its new supervisory director in an apparent attempt to brace for possible disputes with the authorities in the future.

Park Jae-hyuk | 2020-09-04 15:18

'Unlicensed' Naver becomes threat to brokerages

'Unlicensed' Naver becomes threat to brokerages

Naver is apparently frightening small- and medium-sized securities firms here with its continuous attempts to strengthen its investment related services, according to industry officials, Wednesday.

Park Jae-hyuk | 2020-09-03 08:35

Prudential becomes KB subsidiary

Prudential becomes KB subsidiary

KB Financial Group Chairman Yoon Jong-kyoo, right, with Prudential Life Insurance Company of Korea CEO Min Ki-sik at Prudential Tower in Seoul, Tuesday, during a ceremony to celebrate the life insurer becoming the financial group's subsidiary. / Courtesy of Prudential Life Insurance Company of Korea

Park Jae-hyuk | 2020-09-01 15:56

Will KakaoPay consider AXA acquisition?

Will KakaoPay consider AXA acquisition?

The delay in KakaoPay getting approval to launch a non-life insurance unit is raising questions over whether the fintech platform will consider acquisition of AXA Korea, which is being put up for sale, as its “Plan B.”

Kim Bo-eun | 2020-08-31 16:45

Lime fiasco clouds Shinhan Investment's mega IB prospects

Lime fiasco clouds Shinhan Investment's mega IB prospects

Shinhan Investment's prospects of joining the five major brokerages in becoming a mega investment bank have been clouded by its involvement in a scandal involving Lime Asset Management.

Kim Bo-eun | 2020-08-30 17:01

Will KDB chief succeed in eliciting Asiana M&A deal?

Will KDB chief succeed in eliciting Asiana M&A deal?

All eyes are on whether Korea Development Bank (KDB) Chairman Lee Dong-gull will be able to prompt Hyundai Development Company (HDC) to push on with the deal to acquire Asiana Airlines.

Kim Bo-eun | 2020-08-27 17:07

DGB CEO tapped to lead KB's Prudential Life Insurance

DGB CEO tapped to lead KB's Prudential Life Insurance

As KB Financial Group is slated to officially absorb its new insurance affiliate - Prudential Life Insurance - at the end of this month, KB has appointed current DGB Life Insurance CEO Min Ki-sik to lead the insurance arm. KB Financial Group acquired the Korean unit of Prudential Life Insurance earlier this year, and the acquisition will be officially complete with a full pay...

Anna J. Park | 2020-08-27 16:52

Hyundai Card CEO loses to siblings in inheritance lawsuit

Hyundai Card CEO loses to siblings in inheritance lawsuit

The first round of a family feud involving Hyundai Card's Vice Chairman and CEO Chung Tae-young over his mother's will has ended with Chung losing the lawsuit, as the Seoul Central District Court ruled Wednesday in favor of the plaintiffs - the two younger siblings of Chung.

Anna J. Park | 2020-08-27 16:51

Donations for social enterprises

Donations for social enterprises

KB Kookmin Card CEO Lee Dong-cheol, center, poses with Korea Social Enterprise Promotion Agency President Kim In-seon, right, and Kids & Future Foundation Executive Director Park Doo-joon, after donating 200 million won to the two organizations at the card firm's headquarters in central Seoul, Tuesday. KB Kookmin Card said the donation was provided to support social enter...

Kim Bo-eun | 2020-08-26 16:18

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