Search results for Memorial Day
People & Appointments
KB Financial steps up support for national merit recipients ahead of Memorial Day
KB Financial Group is expanding veterans-related support ahead of South Korea’s 71st Memorial Day, it said on Thursday. KB Kookmin Bank carried out volunteer work at Seoul National Cemetery and will launch a remittance cheque service for overseas recipients of veterans benefits on June 8, waiving issuance fees. KB Capital continues a cane-support programme for Korean War veterans. The group also backs descendants of independence activists and provides scholarships for children of fallen or injured public servants.
Crypto
U.S. Senate to resume talks on CLARITY bill, passage uncertain amid Democrat and bank opposition
The U.S. Senate will resume discussions this week on the CLARITY bill, a digital asset market-structure measure. The biggest variable is expected to be ethics provisions addressing conflicts of interest for elected officials involved in crypto, rather than the bill’s regulatory content. Democrats say they may withhold support without such language, while some Republicans want the issue handled separately. Banks also object to parts of the text, adding uncertainty to prospects for passage.
Finance
IBK Industrial Bank of Korea adopts AI system to detect misselling of investment products
IBK Industrial Bank of Korea is introducing an AI-based system to check for potential misselling risks that may arise after investment products are sold. The bank aims to raise the level of financial consumer protection by automating its post-sale management process, which had relied mainly on manual work. The system analyses post-sale product data, customers\' investment experience and abnormal transaction patterns to automatically identify potential risk factors.
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Finance
Hana Bank offers up to 120,000 won benefits for Hana Narasarang Card customers
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Finance
S&P 500 hits record intraday high; Nasdaq also tops as memory chip shares surge
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Crypto
U.S. CLARITY bill faces nine-week window before August recess, delay could push it to 2030
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Crypto
U.S. CLARITY Act nears Senate Banking Committee approval after Kennedy backs bill
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Crypto
TD Cowen says no room for compromise as stablecoin yield row rocks CLARITY Act
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Crypto
U.S. CLARITY Act stalls for a month as Senate talks lag
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Crypto
CLARITY Act vote faces more delay as Senate panel schedules Kevin Warsh hearing first
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Industry
SK Group makes AI video of founding chairmen, shares it on 73rd anniversary
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People
LG Uplus executive social contribution fund donations top 350 million won