Korea
CIMB launches investment banking and brokerage business in Korea
CIMB is the first ASEAN firm to be granted its brokerage license via application.
CIMB launches investment banking and brokerage business in Korea
CIMB is the first ASEAN firm to be granted its brokerage license via application.
South Korean banks hit by destructive cyber attack
China identified as most likely source of massive cyber assault.
5 investment themes on Shinhan Financial Group
Earnings growth outlook is tepid for 2013.
Smartphones propel mobile banking in South Korea
Bank of Korea said 37 million persons signed up in 2012.
StanChart Korea finds itself in hot water
Three state regulators took turns putting the squeeze on Standard Chartered Bank Korea.
S.Korean banks told to support risky debtors
South Korea wants to prevent bank customers from becoming credit delinquents via a pre-workout program.
Korea suspends 2 more savings banks
South Korea suspended the operations of two more savings banks.
ING to sell stake in Korea's KB Financial
ING is looking to divest several businesses in Asia, including its stake in KB Financial.
Korean bank loans to self-employed up in 2012
Bank loans to South Korea's self-employed reached 173.5 trillion won at the end of 2012.
5 investment positives for KB Financial Group
Find out why 2013 will be a good year for KBFG.
Citibank Korea faces sanction for irregular transactions
Citibank Korea will be reprimanded for having been negligent in consumer protection.
Ex-Shinhan chief gets probed again
Former Shinhan chairman Ra Eung-chan is under investigation for his alleged embezzlement into a slush fund.
S. Korea uncovers hacking scheme to steal bank certificates
A large-scale hacking scheme caused the loss of personal financial transaction information of bank clients.
South Korea's credit card spending up 13.5% in 2012
An increase in employment and consumer prices increased South Korea's credit card.
Korea's Hana Financial suffers Q4 net loss
Hana Financial posted a net loss of 66 billion won or US$60.6 million in the October-December period.
KB Financial Q4 net dips 2.42% on falling margins
Weaker profit margins and interest income pulled KB Financial's fourth-quarter earnings down from a year ago.
Shinhan's Q4 net earnings dip 17.1%
Shinhan Financial's weaker fourth quarter came as it suffered losses in its NIM, mainly from derivatives investment.
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Thai central bank’s digital payments on ‘top of the world’
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The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking