Search results for investment banking
Finance
Woori Bank shakes off first-half slump, posts record third-quarter net profit
Woori Bank rebounded from weak first-half results, posting a record quarterly net profit of 1.03 trillion won in the third quarter, up 22 percent from the previous quarter. Nine-month net profit rose 4.7 percent from a year earlier to 2.40 trillion won. Higher interest income from expanded corporate lending, stronger non-interest income and lower loan-loss provisions supported results. Its net interest margin fell and delinquency indicators worsened.
Finance
Hana Securities Q3 net profit 10.1 billion won, down 83.88 percent on year
Hana Securities\' third-quarter profit fell sharply from both the previous quarter and a year earlier, Hana Financial Group said. Net profit was 10.1 billion won, down 94.04 percent from the prior quarter and 83.88 percent from a year earlier, while revenue rose from a year earlier but fell from the previous quarter. For January-September, revenue and profits increased year on year, but third-quarter operating profit made up about 5.8 percent of the nine-month total.
Finance
Hana Financial\'s 9-month net profit 3.62 trillion won, up 5.6 percent
Hana Financial Group posted a consolidated net profit of 3.62 trillion won for the first nine months, up 5.6 percent from a year earlier, helped by rising fee income in wealth management and investment banking. Third-quarter net profit was 1.22 trillion won. The board approved an additional 250 billion won in share buybacks and cancellation and a third-quarter cash dividend of 1,165 won per share.
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People
Meritz Securities to recruit 2026 college graduates
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Crypto
KB Securities to commercialise GgabiAI, eyes tokenised securities for wealthy U.S. investors
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Telecommunications & Media
CJ Group mulls joining JoongAng Ilbo bid in consortium with Dow Kiwoom
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Finance
Korea Investment Securities\' JCR credit rating upgraded to \'A\'
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Crypto
Standard Chartered opens crypto trading from bank accounts for wealthy UAE clients
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Finance
Samsung Securities family office tops 200 families, 55 trillion won in assets
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Finance
Brokerage stocks extend slide as market stalls; what could drive a rebound
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AI & Enterprise
JPMorgan Chase tops bank AI rankings for fourth straight year
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Finance
Big investment banks\' venture capital supply rises to 11.6 trillion won in Q2; small, mid-cap research mandate sought
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Finance
Hana Securities first in South Korea to issue $300 million foreign currency hybrid capital securities
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Finance
Banks press ahead with AI automation investment despite rising fears
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Industry
Korea Investment Securities to hire new graduates in second half across PB, IB, IT
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Finance
Shinhan Investment Corp expands cooperation with Japan, Hong Kong and Vietnam
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AI & Enterprise
Should AI model development really be slowed? AI safety debate enters new phase
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AI & Enterprise
OpenAI unveils GPT-6 Astra-based ChatGPT for Financial Services targeting Wall Street junior bankers