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Finance

Kiwoom Securities unveils retirement pension ad featuring Yoo Hae-jin

Kiwoom Securities is rolling out a retirement pension advertisement featuring actor Yoo Hae-jin (유해진). The company said on Thursday it would release the commercial, titled “It’s time to Kiwoom your retirement pension.” The ad points to long-neglected retirement pension management practices and stresses that retirement pensions are also an area for active investing. Kiwoom Securities aims to extend its existing brand image into the retirement pension market.

Finance

Brokerages cut domestic branches and step up global push

South Korean brokerages are accelerating overseas expansion as mobile trading prompts further streamlining of domestic branches. As of end-2025, 16 firms operated 93 overseas outlets, up by 13 from a year earlier, while overseas subsidiaries’ net profit rose 67.8 percent. Domestic branches at the top 10 brokerages slipped to 438 as of March 31. Firms are widening foreign omnibus account services and building networks across the United States, Hong Kong, Southeast Asia and India.

Finance

FSS launches on-site inspections of Shinhan Investment, Kiwoom over JTBC corporate bond mis-selling

South Korea\'s Financial Supervisory Service has begun on-site inspections of Shinhan Investment Corp and Kiwoom Securities to determine whether there was mis-selling in the sales process for JTBC corporate bonds. The watchdog is examining whether the firms proceeded with issuance and sales while aware of the risk of JTBC’s deteriorating finances, and whether they sufficiently notified investors of risks and gave guidance suited to investor profiles. Retail investors are reported to have filed complaints.