Economic slowdown shows in banks’ bottom line
(2 August 2012 – South Korea) The combined net income of South Korea’s banking system plunged 59 percent during the second quarter.Analysts said the fall was caused by […]
(2 August 2012 – South Korea) The combined net income of South Korea’s banking system plunged 59 percent during the second quarter.Analysts said the fall was caused by […]
(9 July 2012 – South Korea) More lending caution is expected as Korea’s banks feel the pinch of economic uncertainty at home and abroad.The Bank of Korea (BOK) […]
(28 May 2012 – South Korea) South Korean banks are still struggling against massive household debt, despite the government and the banking sector taking drastic measures.In June 2011, […]
(9 May 2012 – South Korea) Four South Korean savings banks have been shut down after failing to meet financial strength standards.The Financial Services Commission (FSC), South Korea’s […]
(13 April 2012 – South Korea) HSBC’s international restructuring has damaged its operations in South Korea.HSBC Holdings agreed to sell its South Korean retail operations to Korea Development […]
(18 May 2011 – Australia) Limited by local market deals and hindered by a limited distribution network and access to retail investors, Macquarie Group is still pursuing a […]
(13 January 2010 – South Korea) South Korea’s central bank has surprised markets by lifting its key interest rate this week, for the second time in three months, […]
(16 December 2009 – South Korea) Macquarie Bank Limited has received the final licence it required to offer banking services in Korea, creating Macquarie Banking Limited Seoul Branch […]
(18 April 2008 – South Korea) Top executives at US banks have indicated that the free-market policies of South Korea’s new president would rekindle appetite in the country.South […]
(20 August 2007 – South Korea) HSBC is set to buy a majority stake in Korea Exchange Bank, which is owned by US private equity fund Lone Star.KEB, […]