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KB Financial to enhance non-banking business under new leadership

The nomination of KB Financial Group Vice Chairman Yang Jong-hee as the group s next chief signals that the group is on course to bolster its non-banking business under a broader strategy. ....

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KB, Shinhan, Hana promote overseas IR activities amid dismal stock performance

Leaders from Korea s major financial holding firms are ramping up their overseas investor relations (IR) activities, in a bid to improve stock performance by attracting more foreign investment. ....

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Shinhan overtakes KB in Q3 performance

Shinhan Financial Group reaped the biggest gains among the nation s four major banking groups in the third quarter, outpacing KB Financial Group which saw a slight fall in profits but retains the top position by market capitalization. In a report released on Tuesday, Shinhan Financial Group said it posted a record quarterly net profit of 1.59 trillion won ($1.11 billion) in the July-September period, up 42.9 8 percent from a year earlier and up 20.8 percent from the April-June period this year. ....

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