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Finance
NH Investment Securities recommends Shin Jae-wook and Bae Gwang-soo as next co-CEOs
NH Investment Securities recommended Shin Jae-wook, head of the real estate and infrastructure business division, and Bae Gwang-soo, head of the wealth management division, as candidates for its next chief executives. The nominations are part of a move from a sole CEO system to a co-CEO structure. The firm plans to seek board approval and hold an extraordinary shareholders meeting on June 30 to appoint the CEOs.
Finance
KB Securities\' digital wealth management assets top 15 trillion won
KB Securities said its digital wealth management assets have surpassed 15 trillion won, up by about 5 trillion won in six months after topping 10 trillion won in November. The company linked the growth to a market-wide shift of funds from safe assets such as deposits to investment products, alongside rising demand for tax-saving and pension products. Growth was led by individual savings accounts and pension assets.
Finance
Korean stock market volatility brings brokerage shares back into focus on trading turnover
Volatility in South Korea\'s stock market has surged, with sharp rallies in large semiconductor and AI shares followed by steep pullbacks. Record-high trading turnover has lifted attention on brokerage shares, which lagged the index despite earlier gains this year. Average daily turnover hit 106.2 trillion won in May, and ETF turnover rose after single-stock leveraged and inverse products listed. Analysts expect second-quarter brokerage fee income to rise, though investment gains remain a key risk.
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Finance
Hana Securities launches third special sale for 3.6 percent pre-tax annual promissory note
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Finance
National Participation Growth Fund sells out as financial sector steps up payment ecosystem expansion
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Finance
Woori Bank opens \'Two Chairs W Jamsil\' as it expands wealth management channels
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Finance
Samsung Securities Q1 operating profit 609.5 billion won, up 82.1 percent
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Finance
KB Asset Management launches KB Kosdaq leader stock fund
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Finance
Brokerages fly on stock market boom as earnings engine for financial holding groups in Q1
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Finance
Woori Investment Securities posts 70.1 billion won Q1 net operating revenue, led by non-interest income growth
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Finance
Hana Securities Q1 operating profit rises 47.9 percent to 141.6 billion won
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Finance
NH Investment & Securities posts Q1 operating profit of 636.7 billion won, up 120.3 percent
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Finance
KB Securities posts Q1 net profit of 350.2 billion won, up 92.75 percent year on year
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Finance
KB Kookmin Bank launches KB Prime Companion Homecoming Service for returning overseas Koreans
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Finance
BNK Financial introduces banks\' first mobile bond trading service for retirement pensions
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Finance
KakaoBank appoints Kim Geun-su as inside director at shareholders meeting
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Finance
Hana Securities wins licence for general currency exchange business
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Finance
KB Kookmin Bank signs MOU with AIA Life on insurance claim right trust