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Shinhan Financial Group Co Ltd (SHG) Q2 2021 Earnings Call Transcript

Shinhan Financial Group Co Ltd (SHG) Q2 2021 Earnings Call Transcript
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Was The Smart Money Right About Lyft, Inc. (LYFT)?

Was The Smart Money Right About Lyft, Inc. (LYFT)?
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Shinhan Financial Group Co, Ltd. (SHG) Q1 2021 Earnings Call Transcript

Head of Investor Relations
Greetings. I am Park Cheol Woo, in charge of IR. It is now April with beautiful spring weather. Thank you, everyone, for participating in today s earnings release.
And from now on, we will begin the 2021 Q1 business results presentation. From this quarter s earnings release, we are holding it earlier in the day so that the market can analyze our performance in more detail. We would like to ask institutional investors and individual investors for your keen interest.
We have here with us at the earnings presentation our CFO, Roh Yong-Hoon; CMO, Heo Young-Taeg; CSSO, Park Sung-Hyun; and CRO, Bang Dong-Kwon. First, CFO, Roh Yong-Hoon, will walk us through the 2021 Q1 business results and then engage in a Q&A session with you. ....

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Shinhan Bank VN gets new chief executive

Shinhan Bank Vietnam on March 3 announced the appointment of Lee Tae-kyung as CEO. ....

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Credit Suisse (CS) Severs Ties With Some Clients in Venezuela

Credit Suisse (CS) Severs Ties With Some Clients in Venezuela
Zacks.com
1/7/2021
Per a Bloomberg article,
Credit Suisse CS has ended relationship with some of the rich Venezuelan clients as it considers the region to be risky for business on account of “politically-exposed clients in the sanctions-hit country”.
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Banks on a global level are under strict supervision regarding their practices, and Venezuela is no different in this regard. Last year the United States upped sanctions owing to Venezuela’s oil industry. Also, Switzerland and other European countries are said to have imposed sanctions on Venezuelan officials.
Per the article, Credit Suisse has cut down assets managed for Venezuela’s wealthy clients to $2 billion, which is less than half of what it managed few years back. ....

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