KoreaTimes(513) - Non-banks, Finance, page 1

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Finance

Non-banks

Fri, December 13, 2019 | 03:45

'Challenge yourself without identifying yourself as female'

'Challenge yourself without identifying yourself as female'

Jeong Mee-yeon has been building her career at global investment management firm Barings in Seoul for more than 20 years and has advanced into one of the key leadership roles as a chief operating officer.

Jun Ji-hye | 2019-12-12 17:23

Kyobo chairman globally recognized for 'humane entrepreneurship'

Kyobo chairman globally recognized for 'humane entrepreneurship'

Kyobo Life Insurance Chairman Shin Chang-jae has received global recognition for management seeking the betterment of all stakeholders.

Kim Bo-eun | 2019-12-12 16:42

Chubb Life Korea names Albert Kim new CEO

Chubb Life Korea names Albert Kim new CEO

Chubb Life Insurance Korea named Albert Kim as its new chief Wednesday.

Kim Bo-eun | 2019-12-12 15:16

M&A in insurance industry heating up

M&A in insurance industry heating up

Mergers and acquisitions (M&A) in the insurance market are heating up as several life insurance firms operating here have been put up for sale. Some financial groups are keen to buy insurers to bolster non-banking sectors, while major private equity funds, such as MBK Partners and Hahn & Co., are looking for potential targets after raising trillions of won over the past few m...

Lee Kyung-min | 2019-12-11 17:24

Korea, Indonesia to boost ties on NPL management

Korea, Indonesia to boost ties on NPL management

The Korea Asset Management Corporation (KAMCO) said Wednesday it will seek to boost cooperation with its Indonesian counterpart through sharing knowhow on managing non-performing loans, based on the government's economic focus on the region.

Kim Bo-eun | 2019-12-11 17:07

Supporting startups in Southeast Asia

Supporting startups in Southeast Asia

KB Financial Group chief strategy officer Lee Chang-kwon, fourth from left, and Telkom Group CEO Ririek Adriansyah, eighth from left, give their thumbs up at the Telkom headquarters in Jakarta, Indonesia, Monday (local time). The two companies agreed to launch a joint investment fund called “Centauri” to support innovative startups in Southeast Asia. They seek to ...

Park Jae-hyuk | 2019-12-11 16:47

BC Card tops in customer satisfaction for 12th straight year

BC Card tops in customer satisfaction for 12th straight year

BC Card became the nation's first card firm to take the top spot in the credit card category of the National Customer Satisfaction Index (NCSI) for the 12th straight year, the company said Tuesday.

2019-12-10 16:56

Are foreign life insurers pulling out of Korea?

Are foreign life insurers pulling out of Korea?

Prudential Financial's move to sell its life insurance unit here has drawn attention as it may affect other foreign life insurers in Korea which are suffering worsening profitability due to the saturation of the local market. Over the past few years, a number of global players have left Korea - ING Group sold its life insurance unit in 2013, while Allianz sold its in 2016, fo...

Kim Bo-eun | 2019-12-05 17:23

Hyundai Card breaks hierarchy to spur innovation

Hyundai Card breaks hierarchy to spur innovation

Numerous books have been published on how companies with happy employees end up being successful. In addition to enhancing work performance, this is also a key means to retaining talent at a time securing competent employees has become an essential but difficult task.

Kim Bo-eun | 2019-12-05 16:39

Orange Life spearheads innovation with 'agile' culture

Phasing out coal finance

Phasing out coal finance

Korean Teachers' Credit Union's investment strategy department head Ga Seon-no, left, DB Insurance Vice President Chung Kyung-soo, center, and Public Official Benefit Association chief administrative officer Lee Chung-yeol hold a declaration on phasing out the financing of coal use at the FKI Tower in Seoul, Tuesday. The three joined other financial institutions that have dec...

Park Jae-hyuk | 2019-12-03 16:26

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