Global investment banks anticipate sluggish Korean economy

Global investment banks estimate Korea’s economic growth will average 1.9 percent next year, down from the 2 percent projected in June, according to the Korea Center for International Finance on Monday.

2023-08-14

FTC clears UBS-Credit Suisse deal

Korea’s antitrust regulator gave a green light on the UBS Group’s takeover of Credit Suisse, the regulator said Thursday. UBS, the largest Swiss bank, filed for the merger and acquisition on April 25 after signing the contract on April 6.

2023-05-18

[Column] Trust is the most reliable asset for banks

Korean banks who play safe with their primary income coming from interest rates must not let down their guard against the risk of spillover.

2023-03-23

Mixed on Credit Suisse

Electronic signboards at Hana Bank in central Seoul show markets on Monday.

2023-03-20

Korea’s National Pension Service may own Credit Suisse bonds

The National Pension Service (NPS) is reviewing the operations of a fund manager or fund managers that invested over 130 billion won ($99 million) of pension money into Credit Suisse bonds.