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Yu Sung-hun, a former executive at Shinhan Financial Group, finds credibility as the biggest asset that he brings to L&F, a battery materials maker where he was scouted as the chief financial officer (CFO) in September. ....
Tensions are mounting in the financial industry amid speculation that the National Assembly may summon the chairmen of financial holding groups during the upcoming national audit. This year, the industry has faced criticism over its lack of internal controls ― which have led to significant cases of embezzlement by employees ― unfair trading and a surge in household debts. ....
Thirty out of 74 major financial firms in Korea, each with assets exceeding 2 trillion won ($1.4 billion), do not have a single female member on their board, data showed Tuesday. ....
K Bank and other internet-only banks are found to have outperformed the country s top five legacy lenders in labor productivity in the first half of the year, generating larger profits per capita, data showed Monday. ....