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Finance

Banks

Thu, August 22, 2019 | 13:38

Shinhan strengthens investment banking abroad

Shinhan Financial Group is rushing to expand its investment banking business overseas, in a long-term move to enhance the high-risk, high-yield financial service to identify new growth sources, the group said Sunday.

Lee Kyung-min | 2019-06-30 17:07

Student volunteers

Hana Financial Group Chairman Kim Jung-tai, center, pose with university student volunteers at the KEB Hana Bank in Seoul, June 28. Until August, 50 students will engage in promotional events related to the improvement of the bank's financial services as part of the group's social responsibility program. Courtesy of KEB Hana Bank

Lee Kyung-min | 2019-06-30 17:07

Hana TI: digital center and beyond

Hana TI - TI being short for “transform IT” - is the financial group's subsidiary representing its core values in essence: synergy via integration. Modeling after Santander Financial City Boadilla del Monte in Madrid, Spain, Hana TI the Cheongna International City in Incheon seeks to be the IT hub of the group.

Lee Kyung-min | 2019-06-30 15:55

Hana aims to be digital platform company

Kakao expected to post surging earnings in 2nd half

Kakao, operator of the nation's most widely used messenger app KakaoTalk, is expected to post strong earnings in the second half of the year thanks to the introduction of its new mobile advertising service in the third quarter, market analysts and brokerages said Friday. According to online market research service provider FnGuide, market consensus among domestic securities f...

Jhoo Dong-chan | 2019-06-30 13:38

Awarding young musicians

Shinhan Bank CEO Jin Ok-dong, center, gives a thumbs up as the bank awards young Classical music hopefuls at the Shinhan Music Awards in Gangnam, Seoul, June 28. The bank started the program to help sponsor future musicians. Courtesy of Shinhan Bank

Park Hyong-ki | 2019-06-28 16:58

Woori opens API platform for startups

Woori Bank has opened an online platform where fintech startup entrepreneurs and engineers can use its software tools and programs to build new digital services, the bank said Friday. Woori's application programming interface (API) platform will also provide software guidelines, enabling startup engineers to make use of the programs and integrate them with their own technolog...

Park Hyong-ki | 2019-06-28 15:29

For overseas corporate clients

A model promotes KEB Hana Bank's new service titled “Cash Management Service Global” at the bank's headquarters in Seoul, June 27. The new service was designed to help companies with overseas operations use a one-stop cash wiring service via the bank's platform. Courtesy of KEB Hana Bank

Lee Kyung-min | 2019-06-27 19:17

Digital alliance

KB Kookmin Bank CEO Hur Yin, right, holds an MOU with Hyundai Merchant Marine CEO Bae Jae-hoon at the bank's head branch on Yeouido, Seoul, Thursday. Under the deal, the bank will utilize its advanced financial technologies to digitize a payment system for the shipping company. / Courtesy of KB Kookmin Bank

Jhoo Dong-chan | 2019-06-27 16:46

Forum receives rave reviews from attendees

Over 200 guests expressed their appreciation for a digital finance forum organized by The Korea Times, Wednesday, saying it asked the right - time-relevant - question in a straightforward manner. Under the topic “Sleeping with the enemy: Digital Disruption,” Korea's oldest English daily held the finance forum on digital transformation to discuss the challenges, business envir...

Lee Kyung-min | 2019-06-26 17:53

[INTERVIEW] 'Change, adapt, partner for future banking'

Traditional banks here will have to do their part such as changing their organizational structures in order to achieve innovation and make their partnerships with fintech startups work, said Joydeep Sengupta, a senior partner and member of Global Client Council at McKinsey & Company.“Banks have a lot of managerial talent, but I would argue that they need a lot more tech talen...

Park Hyong-ki | 2019-06-26 16:49

FSS to focus on narrowing down digital divide

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