Financial firm profits pared down by increased reserves
Hana Financial Group posted record-high earnings in the second quarter, while increased reserve funds to brace for market uncertainties pared down gains for Shinhan Financial Group and Woori Financial Group.
Han Yong-gu recommended to be Shinhan Bank CEO
A Shinhan Financial Group board committee recommended Han Yong-gu as the new Shinhan Bank CEO, the company announced on Tuesday.
Jin Ok-dong selected as Shinhan Financial Group chairman
A committee at Shinhan Financial Group selected Jin Ok-dong, CEO of Shinhan Bank, to become chairman of the country’s largest financial group by net profit.
Financial groups report record results as margins fatten
Financial groups achieved record profits in 2021 on improved interest margins.
KT, Shinhan deepen partnership with share swap
KT and Shinhan Financial Group are exchanging more than 400-billion-won ($340 million) worth of shares to jointly collaborate on artificial intelligence (AI) and the metaverse.
Shinhan chairman wins appeal on hiring practices case
Shinhan Financial Group Chairman Cho Yong-byoung won his appeal of a conviction for corrupt hiring practices at Shinhan Bank.
Shinhan Financial Group's Cho selected for Leadership Council
Shinhan Financial Group Chairman Cho Yong-byoung has been selected as a member of the "Leadership Council," a newly established body under the United Nations Environment Program Finance Initiative (UNEP FI).
Shinhan Financial Group Chairman Cho Yong-Byoung, third from left, speaks during the 26th United Nations Climate Change Conference 2021. Cho participated in the Marrakech Partnership to present the financial group’s carbon neutrality strategies.
FSS chief vows to be more proactive, less reactive
Financial Supervisory Service (FSS) Governor Jeong Eun-bo said his institution will focus on preventing financial disasters rather than handing out penalties after them during his first meeting with heads of major financial groups Wednesday.
Shinhan Financial Group buys BNP Paribas Cardif General Insurance
Shinhan Financial Group has purchased BNP Paribas Cardif General Insurance, a money losing non-life company, to get access to a key business in which it does not have a presence.