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Taipei, Jan. 17 (CNA) The Financial Supervisory Commission (FSC) said Tuesday it had approved a merger of Jih Sun International Bank and Taipei Fubon Bank. ....
Taipei, Sept. 20 (CNA) Fubon Financial Holding Co. said Tuesday that its merger with Jih Sun Financial Holding Co. is expected to be completed by the end of the year, as regulatory approval was obtained earlier in the day. ....
Fubon Financial Holding Co(富邦金控) yesterday said it has reached an initial consensus with the labor union of Jih Sun International Bank (日盛銀行), promising that it would not dismiss any bank employees in the next three years. Fubon Financial acquired the bank’s parent company, Jih Sun Financial Holding Co (日盛金控), earlier this year and it had held talks with the bank’s labor union and Jih Sun Financial’s labor union separately. None of the more than 1,000 employees of Jih Sun Bank would be sacked in the next three years after the acquisition, while those who are eligible to retire and apply to do ....
Fubon Financial eyes larger market share after acquisition 12/19/2020 01:08 PM CAN file photo Taipei, Dec. 19 (CNA) Fubon Financial Holding Co., one of the leading financial holding companies in Taiwan, has set a goal of securing a higher share in the local securities market after completing a deal to acquire a smaller rival Jih Sun Financial Holding Co. Jerry Harn (韓蔚廷), president of Fubon Financial, said in a news conference held Friday night, after the company announced the acquisition deal, that Jih Sun Financial owns the 59-year old Jih Sun Securities, which has 1.3 million customers and a 3.59 percent share in the local securities brokerage business, making it the seventh largest securities company in Taiwan, as of September. ....