From left: Blackstone Group CEO Stephen A. Schwarzman, KB Financial Group Chairman Yang Jong-hee and Financial Supervisory Service Gov. Lee Bok-hyun pose for a photo during a memorandum of understanding signing ceremony between the US alternative investment management firm and the Korean financial holding firm held in New York on Thursday. The two companies agreed to go beyond their current cooperation in alternative.
Foreign investment in Korean financial groups reaches all-time high koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
KB Financial Group signed a memorandum of understanding (MOU) with the global private equity firm Blackstone to establish a comprehensive business partnership in New York last Thursday, the group said Monday.
Korea s financial authorities and the heads of the country s major financial institutions met global institutional investors from Wall Street and New York to present their ambitious visions for the Corporate Value-Up Program, a government-led initiative seeking to propel the Korean stock market to new heights, according to the authorities, Sunday.
Financial Supervisory Service (FSS) Governor Lee Bok-hyun and heads of financial groups and companies travelled to New York this week to promote Korea s capital market as well as its government-led corporate value enhancement program.