SEOUL, Dec. 7 (Korea Bizwire) — Major foreign investment banks (IBs) have upgraded their 2018 growth forecasts for the South Korean economy on its strong exports, a report showed Thursday. According to the report by the Korea Center for International Finance, Barclays, Goldman Sachs and seven other foreign IBs have forecast Asia’s fourth-largest economy to [...]
SYDNEY, AUSTRALIA, Aug. 14 (Korea Bizwire) — Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that Matthew Tehan has joined the Capital Markets Group as a Managing Director. He is based in Sydney and will lead the firm’s Capital Markets efforts in Australia. Mr. Tehan joins Houlihan Lokey following a 17-year career [...]
SEOUL, Dec. 29 (Korea Bizwire) – South Korea said Thursday it will revise regulations on the capital market in a bid to foster mega-sized investment banks (IBs) here modeled after Goldman Sachs. The Financial Services Commission (FSC) notified the public of the revision plan in which local brokerages with a huge capital base will be [...]
SEOUL, Dec. 7 (Korea Bizwire) – The turnaround in South Korea’s exports is expected to continue at a steady pace next year, helped by moderate growth in the world economy, according to forecasts by foreign investment banks on Wednesday. Solid growth in emerging markets and a sustained rise in commodity prices are likely to increase [...]
SEOUL, Nov. 2 (Korea Bizwire) – South Korea’s political uncertainties over an unfolding influence-peddling scandal could increase downside risks to the country’s economic growth, a report said Wednesday. Citigroup said the scandal involving President Park Geun-hye’s longtime confidante could shrink consumer sentiment, which in turn could further slow the economic growth rate in the fourth [...]
SEOUL, Aug. 2 (Korea Bizwire) – South Korea’s top financial regulator unveiled a set of measures Tuesday to foster big investment banks, a move that could expedite the mergers and acquisitions of local brokerage houses. The Financial Services Commission (FSC) said it will allow brokerage houses with a capital base worth more than 4 trillion [...]