Search results for Korea Financial Group
Finance
Securities firms race to expand size amid IMA, investment bank push, raise 8.7 trillion won
South Korean securities firms are accelerating capital expansion as they compete to enter integrated management accounts (IMA) and become comprehensive financial investment businesses. Thirteen brokerages have raised or are seeking 8.705 trillion won this year through rights issues and hybrid capital securities, about twice last year’s total. KB Securities led with 1.7 trillion won. The capital race is tied to rules that expand permitted businesses based on equity levels, including IMA eligibility at 8 trillion won.
Industry
Korea Investment Securities to hire new graduates in second half across PB, IB, IT
Korea Investment Securities will recruit new employees in the second half across its securities business, including private banking, investment banking and IT. The company said applications for its 2026 second-half open recruitment program will be accepted until Oct. 19. Applicants with at least a four-year bachelor’s degree can apply regardless of major, including those graduating in February 2027. The process includes document screening, job competency assessment, an AI interview and multiple interviews.
Finance
Capital markets also show economies of scale as big brokerages rush to boost capital
Competition among securities firms to bolster capital is spreading quickly, led by large brokerages, as more businesses link bigger capital bases to revenue growth. KB Securities decided on a 1 trillion won rights offering after earlier support from KB Financial Group. Similar moves include Korea Investment & Securities, Woori Investment & Securities and NH Investment & Securities, while Hanyang Securities also joined. The combined amount totals about 4.65 trillion won this year.
