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KakaoBank dismisses IPO overvaluation issues koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
South Korean banks are creating custody companies to deal with cryptocurrencies — without having to touch the asset itself msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
[ANALYSIS] Banks to give out higher shareholder dividends Posted : 2021-07-03 09:49 By Anna J. Park After the U.S. Fed signaled it would loosen its control over banks dividend payouts if they pass stress tests, gauging how they will fare in worst case scenarios, five out of six major U.S. institutions are set to pay an additional $2 billion in the next quarter, along with a sizable buyback of their own shares later on in the year to return more money to investors. The U.S. lenders plan to distribute dividends about 40 percent higher than previous levels. Specifically, Morgan Stanley and Wells Fargo plan to double their quarterly dividends. Morgan Stanley said it will give out 70 cents per share, while buying back up to $12 billion of its shares next year. Wells Fargo also plans to double its dividends from 10 cents to 20 cents, while repurchasing some $18 billion worth of its shares from the third quarter. ....
The recent announcement by President Moon Jae-in that South Korea will stop funding coal-powered plants overseas and expand its decision to phase out coal &ldqu ....
The mega-deal between Sumitomo Mitsui Financial Group and FE Credit is expected to rewrite the consumer finance landscape in Vietnam. Masataka âSamâ Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd., talked with VIRâs Luu Bui about the appetite of Japanese investors for the market. How would you assess the potential of Vietnamâs consumer finance market and why is the sector attractive to overseas investors? Masataka âSamâ Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd Consumer finance in Vietnam has been increasing strongly since around 2013 on the back of rising affluence amid strong economic growth. However, consumer finance remains relatively new to the majority of Vietnamese people, and like many emerging markets, the country presents major growth opportunities for modern consumer finance. ....