South Korean lawmakers have made stablecoin regulation a priority. Banks in the country are preparing to issue KRW stablecoins. Legalizing won-pegged stablecoins has taken on ...

Hanmi Financial Corp., the biggest Korean bank, with $3.8 billion in assets, tried to compete with national commercial banks while offering more products to existing Korean customers.

South Korea’s major commercial banks—KB Kookmin, Shinhan, Hana, and Woori—have been investing hundreds of billions of won annually to diversify revenue streams, securing exclusive service ...

At least two major South Korean commercial banks are expanding abroad to capitalize on opportunities as the country offers foreign investors greater access to its currency. KB Kookmin Bank will ...

Some South Korean crypto exchange workers are getting paid more than staff in some of the nation's top commercial banks, new data shows. Per News1, average salaries have "more than doubled ...

This network and its banks have not been sanctioned. Congress should close the SWIFT loophole and enact mandatory sanctions against those who provide services to any North Korean bank.

Dec 06- Standard & Poor's Ratings Services said today that it has revised or affirmed its ratings on five major Korean commercial banks and their affiliates after applying revised criteria for ...

At the four biggest Korean banks -- Kookmin, Woori, Shinhan and Hana -- the ratio ranged between 149 and 181 percent in the second quarter of 2008, according to Moody's Investors Service.

Korean American bankers like Michael Kim at Nara Bank are helping finance some of the businesses; Korean American brokers and lawyers are drafting the contracts and helping set up operations.

Founded in 1984, the KFB represents commercial banks in South Korea, with notable members including Shinhan and Woori banks – institutions that have also been exploring blockchain-based cross ...

Korean conglomerate Aju Group also expanded its U.S. footprint in late 2019, acquiring two Manhattan hotels and the Ace Hotel in downtown Los Angeles for a total of $250 million.