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While major insurance firms are queued up for sale, financial holding companies are exercising caution in proceeding with acquisition deals. This contrasts with earlier market expectations that they would actively pursue acquisitions to expand their non-banking business portfolios. ....
Once considered a coveted position for the highly educated, the Bank of Korea (BOK) is now struggling to retain its workers, according to data released on Wednesday. ....
For decades, traditional banking jobs have been predominantly dominated by those with majors in business or accounting. This trend, however, appears to be waning. As traditional employees depart due to the decreasing number of physical branches, digital talent is stepping in to fill the void. ....
Despite numerous cases of financial crime at the top five banks, the recovered monetary losses appear to be minimal, according to data released on Tuesday. ....