SEOUL, Nov.24 (Korea Bizwire) – Securities firms are changing their window of communication from company newsletters to webzines. Instead of company newsletters that only shared corporate news with employees, webzines are not only providing tips and information on finance, but also other content related to topics such as culture and travel, establishing a multi-communication platform [...]
SEOUL, Nov. 2 (Korea Bizwire) – Four financial entities offered preliminary bids Monday to buy Daewoo Securities Co., in a deal that could come as a game changer for the local brokerage industry, the state-run Korea Development Bank (KDB) said. The prospective buyers are KB Financial Group Inc., the largest banking giant by assets; the [...]
SEOUL, Oct. 8 (Korea Bizwire) — South Korean securities companies are waging a fierce competition to take over KDB Daewoo Securities Co., one of the nation’s leading brokerages, in a deal that could come as a game changer for the industry. The Korea Development Bank (KDB), a state-run policy lender, is seeking to sell off [...]
SEOUL, Sept. 11 (Korea Bizwire) – Wall Street in Yeouido is providing ‘zero commission’ stock trading. There was a time in 2011 when free commissions were a craze, but the period of time it was applied to was a few months, or a year at the longest. However, this time, the applied period is at least one [...]
SEOUL, May 28 (Korea Bizwire) – Affected by the low yen, Hyundai Motor, the largest automaker in Korea, lost its No. 2 position in the KOSPI market in terms of market capitalization to SK Hynix. On May 27, shares of the top automaker fell 1.88 percent to 157,000 won from a day earlier, shrinking its market [...]
SEOUL, March 25 (Korea Bizwire) – As the Shenzhen Stock Exchange is expected to open to international investors in the latter half of this year, Korean securities companies are busy preparing to join the market by aligning their trading systems and analyzing the stock items in the market. According to financial industry observers, the stock connect [...]
SEOUL, July 26 (Korea Bizwire) – A Korean stock brokerage firm opened a café-like branch office to help facilitate more casual visits of customers, highlighting cozy and friendly atmosphere — as opposed to the traditionally stereotyped image of boring and stodgy financial institutions. KDB Daewoo Securities inaugurated the Songdo Finance Center at the Songdo International Business [...]
SEOUL, June 20 (Korea Bizwire) – Last April, KDB Daewoo Securities purchased an A330 airplane which was used by Finnair by investing US$29 million and leased it back to the airliner in the form of purchase and lease back. It will also expand its investment into aircraft by signing an agreement with Novus Aviation Capital, Dubai’s aircraft [...]
SEOUL, South Korea, Oct 15 (Korea Bizwire) — Have you seen any paintings of Alexa Meade, the American artist? Quite differently from conventional painting techniques, she is famous for portraits painted on the human body. Alexa Meade has appeared on a new commercial for KDB Daewoo Securities. The artist known for unconventional painting technique has met [...]