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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

Financial groups achieve record profits as household lending booms

Banking groups posted strong earnings through the third quarter by lending heavily to households despite the government’s admonition against overdoing credit to these borrowers.

2021-10-27

Shinhan chief calls for a rethinking of corporate culture

Shinhan Financial Group held its first "Shinhan Culture Forum" on Wednesday.

2021-07-07

Shinhan Financial Group to donate 200 million won to help India

Shinhan Financial Group announced Monday it will donate 200 million won ($180,000) worth of medical devices and supplies to India in partnership with the Korea International Cooperation Agency.

2021-05-31

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