bank non-interest income

South Korea's traditional banks, led by KB, Shinhan, Hana and Woori, will need to strengthen their online platforms as KakaoBank, the country's lead...

Woori Financial Group has become South Korea’s third major banking group to enter the digital asset custody service (DACS) market, following K...

South Korean households over the last 12 months have vastly increased investments in both domestic and overseas stock markets, with the total invest...

South Korea's SK Innovation Co. is tapping private equity firms to sell up to a 49% stake in SK Global Chemical Co. after the chemical raw materials...

South Korea's initial public offering market in July is expected to see its largest-ever amount of share issues for a single month, worth over 8 tri...

South Korean corporate bond markets are set to suffer from shrinking liquidity as institutional investors are turning cautious and refraining from m...

The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...

A consortium led by South Korea’s GS Group is in talks to acquire a controlling stake in Hugel Inc., the country’s top maker of botulinu...

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

The Bank of Korea needs to drop its accommodative monetary stance of the past two years and to begin raising interest rates from this year, the cent...

The US insurance group Cigna looks set to become the first foreign insurer on South Korea's digital non-life insurance platform, with an aim to crac...

The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

The Korean Teachers' Credit Union (KTCU) has netted a combined 173 billion won ($155 million) from its eight-year investment of A$100.8 million ($77...

Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...

South Korea’s central bank governor on Friday flagged a tighter monetary policy for the second time in less than a month, fueling expectations...

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

The much-touted sale of South Korea’s Hanon Systems Corp. is taking solid shape with names of potential bidders floating around in the market ...

The Korea Development Bank (KDB) has decided to invest 80 billion won ($72 million) in the fintech startup Toss via a rights offering. This marks th...

South Korea’s central bank governor on Thursday flagged a possible policy rate hike before the end of the year as the domestic economy recover...

There have been near-endless debates regarding the “proper valuation” of KakaoBank, South Korea’s largest internet-only bank that ...

South Korean fintech startup Toss is seeking to raise 200 billion won ($177 million) in fresh funding, which would almost treble its valuation to 8 ...

Sculptor Capital Management is a leading alternative asset manager with capabilities across multi-strategy, credit and real estate. Sculptor has...

South Korea’s first internet-only bank, K Bank, will be raising 1.2 trillion won ($1.05 billion) from existing and new investors for business ...

Non-traditional real estate assets such as cell towers, parking lots and marinas will likely provide significant investment opportunities to debt in...

The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said on Monday it has name...

South Korea's Government Employees Pension Service (GEPS), Public Officials Benefit Association (POBA) and Military Mutual Aid Association (MMAA) ar...

South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...

South Korea-based fintech firm Korea Credit Data (KCD) has raised around 40 billion won ($36 million) from Singapore-based private equity firm Pavil...

Kakao Bank, South Korea's No.1 mobile banking app., has kicked off the process to go public by applying for a preliminary review of its stock market...