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Finance
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Fierce battle for local government depositories: NH and Woori in Jeollanam-do Gwangju, KB in Gyeongbuk Province
Graphic showing the selection of banks for managing local government depositories / Graphic=Yoon Seon-jeong Competition among banks is heating up ahead of the selection of a 25 trillion won consolidat...
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"Don't close branches," authorities warn... banks increase number of offices instead of branches
Trends in the number of domestic bank branches/offices / Graphic=Kim Ji-young The banking sector is reducing "branches" while increasing "offices." Although financial authorities have strengthened pro...
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'Favoritism' Shattered: KB Financial Board's 'Surprise Rebellion' Chooses Lee Jae-geun… Rapid Push for Generational Change
Three Candidates for KB Financial Holdings Chairman / Graphic=Yoon Seon-jeong KB Financial Group, Korea’s largest financial group with total assets of 830 trillion won, has opted for change. Lee Jae-g...
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ETF front-load 'Woori Bank 98%'-'Hana Bank 51%'.. The reasons for the extreme contrast were clear
Bank-specific ETF trust fee composition and total fee income / Graphic=Kim Ji-young Critics point out that the decisive reason why over 90% of bank ETF (exchange-traded fund) trust subscribers chose f...
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Non-Life insurers push back against 'shock' deposit-insurance fee hike, call for industry-specific approach
Graphic showing proposed premium rate increases by financial sector (interim research results) = Kim Ji-young As deposit insurance premium rates are set to rise, the insurance industry has begun voici...
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"Finally drew the sword amid continued cutthroat competition"... Financial Supervisory Service launches efforts to improve insurance company KPIs
Major deficiencies in insurance company CEO KPI review results / Graphic=Choi Heon-jeong The Financial Supervisory Service (FSS) is taking action to address the insurance industry's self-destructive c...
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South Korea-EU Stablecoin Project Practical Talks Begin in Earnest
Overview of the Pangaea project / Graphic=Lee Ji-hye Ten domestic banks, including KB Kookmin, Shinhan, and Woori Bank, have launched practical discussions on a South Korea-EU stablecoin remittance pr...
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Sharp Drop in Dongyang Life's Penalty Sparks Controversy Over "Jumping" Fines
Graphic showing the penalty imposed on Dongyang Life by financial authorities = Lee Ji-hye The Financial Services Commission is reported to have significantly reduced the penalty against Dongyang Life...
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[Exclusive] Dongyang Life's penalty reduced drastically from 14 trillion won to the 100 billion won range; criticism of 'roller coaster' sanctions
Financial authorities' penalty against Dongyang Life / Graphic=Lee Ji-hye Background for penalty adjustment / Graphic=Lee Ji-hye The Financial Services Commission is reported to have drastically reduc...
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[Exclusive] Kyobo Life to absorb and integrate 'Digital Experiment' Kyobo Life Planet within the year
Kyobo Life Planet kick-off and net loss trend / Graphic=Kim Ji-young Kyobo Life plans to absorb and integrate Kyobo Life Planet (Kyobo Lapl), its digital life insurance subsidiary that has recorded lo...
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Banks win 'consecutive victories' in ELS lawsuits… Will penalties be lowered further?
Timeline of Hong Kong H-Index ELS incident / Graphic=Im Jong-cheol In the legal dispute over incomplete sales of Hong Kong H-Index ELS (equity-linked securities), NH NongHyup Bank secured a second con...
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[Exclusive] Hong Kong ELS case up to second instance favors banks…Will the 600 billion won fine be lowered further?
Timeline of the Hong Kong H-Index ELS incident. /Graphic=Reporter Im Jong-cheol In the legal dispute over the incomplete sale of Hong Kong H-Index equity-linked securities (ELS), NH NongHyup Bank secu...
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"Full of dark circles, stayed up all night but it was rewarding"…Visiting LG U+'Hackathon' [Report]
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[Wobo-se: Why Researchers Hesitate to Break Free from Startup Chains]
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"One-Button AI from Services You Already Use"...KT's Strategic Move with "i-um Inside"
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A 'Shin Dong-bin Hall' is born at KAIST… Lotte Group donates 10 billion won to inaugurate 'R&D Center'
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"A generous feast for Chuseok," but instead... a changed holiday scene
in FINANCE
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South Korea-EU Stablecoin Project Practical Talks Begin in Earnest
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2.
Fierce battle for local government depositories: NH and Woori in Jeollanam-do Gwangju, KB in Gyeongbuk Province
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3.
"Don't close branches," authorities warn... banks increase number of offices instead of branches
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4.
'Favoritism' Shattered: KB Financial Board's 'Surprise Rebellion' Chooses Lee Jae-geun… Rapid Push for Generational Change
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5.
ETF front-load 'Woori Bank 98%'-'Hana Bank 51%'.. The reasons for the extreme contrast were clear