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Finance

Non-banks

Wed, December 2, 2020 | 08:20

Merrill Lynch Seoul's hefty dividend payment raising stir

Merrill Lynch Seoul's hefty dividend payment raising stir

Merrill Lynch International's Seoul branch sent a large sum of money to its United States headquarters again this year, despite continuous backlash against the annual practice of foreign brokerages that transfer the national wealth back to their own countries.

2020-11-25 15:28

What will Toss' brokerage look like?

What will Toss' brokerage look like?

As Toss' brokerage unit nears its launch, attention is growing over its model and the services the brokerage will offer.

2020-11-13 16:50

'30,000 deaths caused by Samsung insurers' coal investments'

'30,000 deaths caused by Samsung insurers' coal investments'

Environmental groups are stepping up pressure on Samsung's affiliates to stop their coal-related investments. The Korea Federation for Environmental Movements (KFEM) staged a protest Tuesday in front of its headquarters in central Seoul, claiming coal-related investments by Samsung's insurance units have caused the early deaths of over 30,000 people, due to air pollution.

2020-11-10 17:13

Video call claim service

Video call claim service

Heungkuk Fire & Marine Insurance's Managing Director Jung Woo-hyeung, left, holds a memorandum of understanding with Klounge CEO Lee Tae-ho at the headquarters of Heungkuk Fire in central Seoul, Friday. Through joint cooperation, a customer of the insurance company can have real-time consultation with claim agents about any vehicle accidents. / Courtesy of Heungkuk Fire & Mar...

Anna J. Park | 2020-11-09 16:36

Will chiefs of Shinhan's two insurers extend terms?

Will chiefs of Shinhan's two insurers extend terms?

As the annual year-end CEO reshuffle for each of Shinhan Financial Group's affiliates approaches, eyes are on who will get to lead a newly integrated life insurer combining Shinhan Life Insurance and Orange Life Insurance from next year.

Anna J. Park | 2020-11-09 16:35

Why is Naver offering banking services outside of Korea?

Why is Naver offering banking services outside of Korea?

Attention is focusing again on why the country's IT giant Naver has forgone offering mobile banking services here and has instead ventured out to other markets in Asia, after Naver launched its first mobile banking service via its subsidiary Line in Thailand.

2020-11-06 15:53

AIA Korea launches upgraded healthcare platform

AIA Korea launches upgraded healthcare platform

AIA Korea introduced an upgraded version of AIA Vitality, its app-based healthcare platform, Wednesday.

2020-11-04 15:12

[ANNIVERSARY SPECIAL] 'Glass wall needs to be smashed, along with ceiling'

[ANNIVERSARY SPECIAL] 'Glass wall needs to be smashed, along with ceiling'

The system of gender quotas remains highly contested by men, and some women also contend that it does them no good as it reinforces the idea that they need affirmative action to advance up the corporate ladder.

2020-11-01 15:16

Brokerages fiercely fight back over Lime sanctions

Brokerages fiercely fight back over Lime sanctions

Brokerages that promoted Lime Asset Management's funds are battling to reduce penalties set to be imposed on their former and current chiefs over the mis-selling of the “products.”

2020-10-30 15:15

[ANNIVERSARY SPECIAL] Korea Times celebrates 70th anniversary with much fanfare

[ANNIVERSARY SPECIAL] Korea Times celebrates 70th anniversary with much fanfare

The Korea Times celebrated its 70th anniversary, Thursday, with a group of big names from the political and business sectors speaking highly of the English language newspaper, praising it for its long-standing role as a bridge connecting the world with news about Korea.

2020-10-29 17:17

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