Tongyang Securities Archives

Korean Stock Firms Caught in More Legal Battles over Bad Investment Recommendations

SEOUL, June 12 (Korea Bizwire) – Korean stock firms are engaged in an increasing number of legal battles, and eight out of ten lawsuits are bringing them to the dock. According to the Financial Consumer Agency on June 11, the 58 stock firms serving the Korean stock market were engaged in 444 lawsuits seeking 1.728 [...]

Consolidation Wave Accelerates in Securities Industry

Seoul, Korea, April 14, 2014 (Korea Bizwire) – As NH Nonghyup Securities finalized its acquisition of Woori Investment & Securities and is set to be reborn as a behemoth, the securities industry is accelerating its pace of consolidation. Before Woori Investment, Tongyang Securities had been sold and now Hyundai Securities is looking for a new [...]