Korea Joongang Daily
Korea JoongAng Daily

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.

2023-07-27

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.

2022-12-20

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.

2022-12-08

Financial groups report record results as margins fatten

Financial groups achieved record profits in 2021 on improved interest margins.

2022-02-09

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.

2022-01-17

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.

2021-11-22

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).

2021-11-18

COP26 confab

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.

2021-11-04

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.

2021-11-03

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.

2021-11-01