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Under growing pressure to boycott coal, banks face ‘client dilemma’
...ainability Investing Forum. But he said local financial organizations are still reluctant to officia...ear of offending their clients. The KSIF civic group was in charge of leading two major public fund...
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Lotte Card sale mired in uncertainty over investigation of Hahn & Co., labor union backlash
The pending sale of Lotte Group’s credit card unit, Lotte Card, appears uncertain, as the CEO of it...t the merger. Lotte Card is one of three financial units being sold by Korean-Japanese retail c...
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[News Focus] Will Hana’s win over Lone Star affect ISDS arbitration?
Hana Financial Group’s latest win over Lone Star Funds over the purchase of KEB Hana Bank, formerly known as the Korea Exchange Bank, prevented the South Korean banking group from paying the US priva...
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Hana Financial wins suit against Lone Star on KEB deal
Hana Financial Group, one of South Korea’s four major banking groups, said Wednesday that it has won an international arbitration against US private equity fund Lone Star Funds over its purchase of K...
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Seoul-based PEFs likely to acquire Lotte’s financial arms
...ion of South Korean-Japanese conglomerate Lotte Group’s nonbanking financial arms Lotte Non-Life Ins...sing pick for Lotte Card, topping other banking group rivals such as Hana Financial Group and Woori ...
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Korean banks’ household lending growth picks up speed in April
...the biggest contraction since the 2008 global financial crisis, the central bank said last week. Ho...e-backed loans, credit-based personal loans and group loans. Of them, mortgage loans take up the big...
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Korea kick-starts ‘innovative finance’ body, pledging W225tr in investment
...e task force is being led by the chief of the Financial Services Commission, the country’s top finan...orea’s five major financial groups -- Shinhan Financial, KB Financial, Hana Financial, Woori Financi...
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MBK teams up with Woori Financial in bid for Lotte Card
...ty firm MBK Partners has teamed up with Woori Financial Group Inc., a major financial holding firm, ...make the sale of Lotte Card a two-way race with Hana Financial Group Inc., another major financial h...
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[Monitor] Hana Financial emerges as likely preferred bidder for Lotte Card
With Hanwha Group having dropped out, Hana Financial Group has emerged as a strong bidder for ownership of Lotte Card -- a development that portends major shifts in South Korea’s credit card business...
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Hana Financial Q1 profit sinks on severance payments
Hana Financial Group, a major South Korean banking group, said Friday its first-quarter net profit fell 16.8 percent on-year, hit by one-off costs related to severance payments. Net profit stood at...
