Hyundai Motor Securities has reorganised its investment banking division, separating structured finance and corporate finance to strengthen competitiveness. The company plans to bolster stability in its existing project financing and alternative investment business while pursuing a selective, risk-managed approach focused on high-quality deals. It also aims to expand corporate finance, starting with the debt capital market and later extending into equity capital market areas such as IPOs and mergers and acquisitions.

KB Securities said its second-quarter operating profit and net profit more than doubled from a year earlier, delivering its best-ever first-half performance. The brokerage reported consolidated operating profit of 600.6 billion won, up 175.5 percent, and net profit of 450.8 billion won, up 180.6 percent. First-half operating profit totalled 1.05 trillion won and net profit 801.0 billion won, the highest on a half-year basis.