Finance
Shinhan Bank steps up comprehensive advisory for succession market, from corporate sales to asset management
Shinhan Bank is strengthening M&A and business succession advisory services for small and mid-sized companies, aiming to meet rising succession demand driven by ageing and lack of successors. The bank said it signed a memorandum of understanding with Samjong KPMG at its Shinhan PWM Yeouido Center in Seoul. Shinhan Bank plans to identify clients with succession and M&A needs and link acquisition finance with asset management, while Samjong KPMG will provide valuation and accounting and tax advice.