Woori Investment Securities has completed its largest acquisition financing arrangement since its launch, as it expands participation in big-ticket investment banking deals after a 1 trillion won rights issue. The firm said it completed on June 30 the acquisition financing arrangement for a deal in which a consortium led by STIC Alternative Asset Management and Korea Investment Private Equity is buying stakes in Ulsan GPS and SK Multi Utility. The overall transaction is worth 1.6 trillion won.

Samsung Securities posted solid first-quarter results, helped by growth in its wealth management business. The company said operating profit rose to 609.5 billion won, up 84.4 percent from the previous quarter and 82.1 percent from a year earlier. Pretax profit climbed to 615.5 billion won and net profit to 450.9 billion won. Retail client assets saw net inflows of 19.7 trillion won, lifting total client assets to 495.6 trillion won.