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Finance
Sh Suhyup Bank posts 70 trillion won in assets in first half, 203.4 billion won pre-tax profit
Sh Suhyup Bank recorded total assets of 70 trillion won in the first half of this year and pre-tax net profit of 203.4 billion won. The bank said assets rose 6.7 trillion won from the end of last year, while pre-tax profit increased 7.0 billion won from a year earlier. It plans to strengthen loan asset quality and internal controls in the second half and pursue commercialization of new business ideas proposed by employees.
People
Gopax appoints former AWS Korea executive Kim Na-young as CEO
Digital asset exchange Gopax has appointed Kim Na-young, former head of financial business development at Amazon Web Services Korea, as its new chief executive. The company plans to speed up efforts to resolve long-unsettled unpaid GoFi customer funds, normalise management and prepare to renew its virtual asset service provider registration. Operator Streami announced the appointment on July 27, and said major shareholder Binance will support the turnaround work.
Finance
Woori Bank to strengthen data, AI-driven sales in second half, expand cross-group collaboration
Woori Bank plans to strengthen sales in the second half of 2026 by overhauling its sales territories and marketing system using public data and customer information and introducing AI agents to improve productivity. The bank said it will also expand collaboration among business groups and tighten internal controls. It cited a broader customer base, asset rebalancing and improved capital ratios as groundwork for growth, and noted Fitch raised its viability rating to A from A- in July.
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Crypto
Mirae Asset acquires Korbit, rebrands it as Digital X
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Crypto
Calls grow to build trust infrastructure for corporate access to digital assets
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Finance
Toss becomes first big tech financial conglomerate, enters group supervision
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Finance
Korea Fintech Industry Association, FSS check payment risks and internal controls at electronic financial firms
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Finance
Governance rules added to performance scorecard as fate of South Korea’s top five bank chiefs hangs in balance
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Crypto
DSRV to supply staking infrastructure to Japan\'s SBI VC Trade
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Finance
Woori Financial steps up push to become full-service financial group
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Crypto
Binance to distribute $800,000 worth of XRP in rewards campaign with strict KYC, volume and residency criteria
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Finance
Big Tech expands territory beyond payments into financial infrastructure
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Finance
South Korea financial regulators signal overhaul of leveraged single-stock ETFs
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Crypto
Mirae Asset clears Korbit takeover as Naver-Dunamu tie-up stalls
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Crypto
Clarity Act in flux as XRP and bitcoin face joint test
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Finance
Joint response team to curb stock rigging finds over 10 unfair trading cases in first-year review
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AI & Enterprise
Hana Financial Convergence Technology Institute develops in-house finance-focused AI model
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Finance
Financial sector \'digital risks\' rise, putting IT controls to the test