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Finance

Non-banks

Tue, August 4, 2020 | 17:55

MetLife considering exiting Korea

MetLife considering exiting Korea

MetLife is plotting a possible exit from the “unattractive” South Korean market, with the company checking its worth in recent years amid an exodus of foreign insurers in the country, a source said.

Kim Bo-eun | 2020-08-04 17:05

Hanwha joins with Samsung to drop Aussie coal investments

Hanwha joins with Samsung to drop Aussie coal investments

Amid ongoing protests by environmentalists, Hanwha Investment & Securities and Korea Investment & Securities joined with Samsung Securities to give up additional coal investments in Australia.

Kim Bo-eun | 2020-08-03 16:25

Encouraging public afflicted by COVID-19

Encouraging public afflicted by COVID-19

A placard displaying the lyrics of K-pop superstar BTS' song hangs on Kyobo Life Insurance's headquarters in central Seoul, Monday. The insurer, which regularly hangs up different placards, said it decided to display the lyrics of BTS' hit song "Run" released in 2015, to console and encourage the public at a time when the COVID-19 pandemic shows little sign of slowing. / Cour...

Kim Bo-eun | 2020-08-03 13:11

Hanwha Life's digital biz at stake over sanctions

Hanwha Life's digital biz at stake over sanctions

Uncertainty lingers over Hanwha Life Insurance's new digital projects as the insurer faces financial authorities' sanctions over irregularities that surfaced from inspections last year.

Kim Bo-eun | 2020-08-02 15:57

[Reporter's Notebook] Mirae Asset under threat of ex-Kakao Bank CEO

[Reporter's Notebook] Mirae Asset under threat of ex-Kakao Bank CEO

It was quite surprising that Mirae Asset Financial Group founder Park Hyeon-joo's name was mentioned at the National Assembly last week.

Park Jae-hyuk | 2020-08-02 15:21

Securities firms post robust profits in Q2 from stock market rebound

Securities firms post robust profits in Q2 from stock market rebound

Local brokerage houses posted earnings surprises for the second quarter, as stock trading volume surged among retail investors during the market rebound period.

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

'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

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