Woori to re-enter brokerage business with acquisition of Korea Foss Securities 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 Financial Group has reclaimed its position as the leading financial conglomerate in the country for its first-quarter earnings, due mainly to the expansion of corporate loans and improved interest margins.
Woori Financial Group has jumped into the bidding competition to acquire Lotte Insurance, industry sources said Thursday. Woori Financial is the only major domestic financial group that does not have an insurance affiliate, and the group has long outwardly spoken about its intention to strengthen its non-banking business through acquisitions.
South Korean financial groups have undergone a transition in their board composition, indicating governance changes centering on gender diversity and internal control. Given that a financial holding company’s board is the ultimate decision-making body engaging in establishing management strategies and budget planning for itself and its affiliated banking and securities units, the changes give a glimpse of the f...
Woori Financial Group Inc. (NYSE:WF – Get Free Report) declared an annual dividend on Tuesday, March 26th, Wall Street Journal reports. Stockholders of record on Monday, April 1st will be paid a dividend of 1.1918 per share by the bank on Thursday, March 28th. This represents a dividend yield of 5.3%. The ex-dividend date is […]
Woori Financial Group Inc. (NYSE:WF – Get Free Report) announced an annual dividend on Tuesday, March 26th, Wall Street Journal reports. Investors of record on Monday, April 1st will be paid a dividend of 1.1918 per share by the bank on Thursday, March 28th. This represents a yield of 5.3%. The ex-dividend date of this […]