Stay updated with breaking news from ஷின்ஹான் நிதி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Financial groups pressured to cut dividend payouts Posted : 2021-02-07 16:41 Updated : 2021-02-07 16:48 From left are NongHyup Financial Group Chairman Son Byung-hwan, KB Financial Group Chairman Yoon Jong-kyoo, Shinhan Financial Group Chairman Cho Yong-byoung, Woori Financial Group Chairman Son Tae-seung and Hana Financial Group Chairman Kim Jung-tai. By Lee Kyung-min A number of Korea s leading financial groups have reduced dividend payouts for 2020 amid suspicions that they are caving in to growing pressure from the financial authorities that are increasingly influenced by public sentiment. Many Koreans feel that the all-time high net incomes of domestic financial groups did not result from superior growth strategies, but from an unexpected boom in loans some of which fueled a stock-investment craze amid the spread of the COVID-19 pandemic. ....
CEOs of Shinhan, Woori face punishment over fund fiasco Posted : 2021-02-04 15:46 Updated : 2021-03-18 15:36 Woori Financial Group Chairman Son Tae-seung, left, and Shinhan Bank CEO Jin Ok-dong / Courtesy of each firm By Lee Min-hyung The leaders of Woori Financial Group and Shinhan Bank are facing a serious problem as they could receive harsh punishments for their role in the mishandling of fund sales last year. This is raising concern that a final decision by the state regulatory agency may end their plans to extend their terms. The Financial Supervisory Service (FSS) said Thursday that it had sent prior notice of tough sanctions to Woori Financial Group Chairman Son Tae-seung and Shinhan Bank CEO Jin Ok-dong ahead of its sanctions committee meeting slated for Feb. 25. ....
22 December 2020 There has been a growing tsunami of climate commitment announcements combined with fossil fuel exclusion policies by globally significant financial institutions during December 2020, building on the pledges two months earlier by the leaders of China, Japan and South Korea committing to net zero emissions targets. On top of that, three leading corporate announcements show the building momentum towards a decarbonisation-driven technology disruption. Nippon Steel and POSCO – respectively the largest steel manufacturers in Japan and South Korea – both committed to net zero emissions by 2050 targets over the last ten days. And Australia’s Lendlease has released a roadmap detailing how it will deliver on its commitment to “Absolute Zero Carbon by 2040”. ....
Shinhan Life OKs merger with ex-ING's Korean arm koreaherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreaherald.com Daily Mail and Mail on Sunday newspapers.
Shinhan Finance launches iShinhan 3.0 with comprehensive technologies 17:00 | 23/12/2020 Shinhan Vietnam Finance Company Limited (Shinhan Finance), voted the Best Sustainability Development Company Vietnam 2020 by leading UK-based Global Banking & Finance Review magazine and one of the Best Companies to Work for in Asia 2020 by HR Asia magazine, has launched iShinhan 3.0 to offer friendly customer experience and convenient, feature-rich new services. iShinhan 3.0 enables new customer to apply and track loan approval progress New customers with financial needs can download iShinhan and register for Shinhan Finance personal loan and easy loan products. The loan registration process is designed with a simple and friendly approach to bring customers the feeling of chatting with a real Shinhan Finance employee. ....