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Shinhan Financial 2022 net hits all-time high

Shinhan Financial Group said Wednesday that its net profit hit an all-time high last year on the back of increased interest income. ....

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Record earnings boost Shinhan back to No. 1 rank after 3 years

Major Korean financial holding firm Woori Financial Group said Wednesday its earnings spiked nearly 23 percent on-year to an all-time high in 2022 thanks largely to higher interest. ....

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Will KT, POSCO replace CEOs as Shinhan, Woori did?

The Yoon Suk Yeol administration has indicated its intention to meddle in the governance of former public enterprises that have long since been privatized - two decades ago - as the government forced financial holding companies recently to replace their chairmen. Concerns are therefore growing over the possibility of nepotism spreading to both KT and POSCO Holdings, based on who ends up replacing their chief executives. ....

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'Big 3' financial groups recognized in this year's Bloomberg Gender-Equality Index

The country s three largest financial groups - KB, Shinhan and Hana - are included in this year s Bloomberg Gender-Equality Index which tracks companies commitment to gender equality and transparency, the companies said Tuesday. The three are among 484 listed companies from 45 countries that have committed to five key pillars presented by the index. ....

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Banks stress solidarity through morale-boosting activities

Several major banks are underlining solidarity among employees by honoring high achievers, offering special lectures for rookies and leadership training sessions for newly-promoted team leaders. Shinhan Bank said it wants to encourage those who were distinguished on the sales frontline in 2022, during a company-wide event at Olympic Gymnastics Arena in Seoul last week. ....

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