The year 2023 was marked by economic volatilities and challenges as the world endeavored to recover from the pandemic-induced recession. As we enter 2024, market analysts project that the global economy will start strong, although they anticipate increased challenges in the latter half, including geopolitical uncertainties like the U.S. presidential election.
The year 2023 was marked by economic volatilities and challenges as the world endeavored to recover from the pandemic-induced recession. As we enter 2024, market analysts project that the global economy will start strong, although they anticipate increased challenges in the latter half, including geopolitical uncertainties like the U.S. presidential election.
Ethical standards are important to every business. Yet in the finance sector, where millions or billions of won in transactions are made daily, their importance is significantly higher.
Citibank Korea and Standard Chartered (SC) Bank Korea met mixed outcomes in their third-quarter operations in Korea. Both banks saw notable increases in their interest income due to prolonged high interest rates, yet expenses and the amount of reserve funds created the differing performances.