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Woori to re-enter brokerage business with acquisition of Korea Foss Securities

Woori to re-enter brokerage business with acquisition of Korea Foss Securities
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Woori Financial Group enters securities industry after lengthy search

Woori Financial Group is launching a mid-sized securities firm through the merger of its subsidiary Woori Investment Bank and Korea Foss Securities. ....

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[Hello India] Korean investment firms push into India amid China decline

More South Korean securities and investment firms are turning their eyes to the Indian market, exploring opportunities to tap the world's fastest-growing economy. NH Investment & Securities recently announced a partnership with Lighthouse Canton, a Singapore-based global asset management institution, as part of this trend. In January, NH Absolute Return Partners, a Singapore-based asset management company ow. ....

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Woori mulls acquiring Korea Foss Securities

Woori Financial Group is actively considering the acquisition of local online brokerage firm Korea Foss Securities, in a move to add a missing puzzle piece a securities arm as a leading banking giant. "We are reviewing all potential companies (for acquisition) to make inroads into the (securities) industry, with the brokerage mentioned among them," the group's Chief Financial Operator Lee Sung-wo. ....

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Ex-Shinhan chief tapped to lead Korea Federation of Banks

Shinhan Financial Group's former Chairman Cho Yong-byoung has emerged as the final nominee for the chairman position of the Korea Federation of Banks to head the association for the next three years. In a meeting held on Thursday, the KFB's Chairman Candidate Recommendation Committee chose Cho as the final candidate from a pool of six contenders for the position. The KFB is slated to hold a meeting on Nov. . ....

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