KoreaTimes(513) - Non-banks, Finance, page 9

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Finance

Non-banks

Sun, February 28, 2021 | 22:52

'Stay Strong'

Korea Investment & Securities Vice President Yoo Sang-ho, center, holds a “Stay Strong” poster promoting a social media campaign supporting the global fight against COVID-19, in Seoul, Tuesday, as the brokerage house joins the campaign. / Courtesy of Korea Investment & Securities

Anna J. Park | 2020-07-28 17:01

AIA Korea sees influx of figures from headquarters

AIA Korea sees influx of figures from headquarters

The latest appointments to key positions at AIA Korea shows an influx of figures from AIA Group, as the Pan-Asian insurance firm seeks to strengthen its digital capabilities.

Kim Bo-eun | 2020-07-28 11:01

Card firms uneasy about big tech credit biz

Card firms uneasy about big tech credit biz

Card firms are experiencing an increasing sense of uneasiness, as Big Tech firms, such as Naver and Kakao, advance into their business territory.

Kim Bo-eun | 2020-07-27 16:58

Is foreign insurer exodus accelerating?

Is foreign insurer exodus accelerating?

Talk in the investment banking sector about Lina Korea's sale is leading to speculation that an exodus of foreign insurers will accelerate in the latter half of the year.

Kim Bo-eun | 2020-07-27 09:42

Pursuing well-being

Pursuing well-being

Employees of AIA Korea pose for a photo with healthy snacks and beverages, which the company is providing to workers for free until the end of July. Under the banner of “Well-being@AIA,” the life insurance company aims to enhance employees' health and mental well-being amid COVID-19 through various programs. / Courtesy of AIA Korea

Anna J. Park | 2020-07-24 16:49

[Reporter's Notebook] Is Naver Financial abusing power of No. 1 portal?

[Reporter's Notebook] Is Naver Financial abusing power of No. 1 portal?

Naver's entry into the financial services sector has had financial firms on their toes, due to the immense influence it wields as Korea's top portal. Naver lacks expertise in finance, but can partner with companies in the sector and bring massive amounts of traffic to its platform.

Kim Bo-eun | 2020-07-24 13:51

'Optimus CEO invested in stocks using embezzled money'

'Optimus CEO invested in stocks using embezzled money'

The Financial Supervisory Service (FSS) said Thursday that the CEO of Optimus Asset Management had embezzled money from managed funds to invest in stocks. The finding came after the regulator's in-depth audit of the investment firm that has suspended fund redemptions, and whose investors face tremendous losses.

Kim Bo-eun | 2020-07-23 13:50

Korea Investment faces credit rating downgrade

Korea Investment faces credit rating downgrade

Korea Investment & Securities is facing a possible credit ratings downgrade over risk management capabilities.

Kim Bo-eun | 2020-07-22 17:15

All eyes on Samsung Card's exit from Renault Samsung

All eyes on Samsung Card's exit from Renault Samsung

Samsung Card is drawing keen attention from market observers here who are wondering when the card issuer will unload its 19.9 percent stake in Renault Samsung Motors.

Park Jae-hyuk | 2020-07-21 17:14

Koscom tasked with battling AWS, MS amid 'Digital New Deal'

Koscom tasked with battling AWS, MS amid 'Digital New Deal'

Koscom's mission of protecting the nation's financial data from Amazon Web Services (AWS) and Microsoft has become more significant since President Moon Jae-in mentioned cloud computing as one of the seven projects to be pursued under its “Digital New Deal” drive, according to industry officials, Tuesday.

Park Jae-hyuk | 2020-07-21 16:31

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