Korea
Shinhan Bank sells US$99M worth of dimsum bonds
Shinhan Bank sells US$99M worth of dimsum bonds
Shinhan Bank has raised 625 million yuan or US$99 million in so-called dimsum bonds to diversify its foreign currency debts.
Baring likens South Korea to 80s Japan
South Korea is in a good position to boost exports to emerging and developed markets in 2012, according to Baring Asset Management.
Korea to require dealers to offer inflation-linked bonds
The Korean government will require specialized dealers of state bonds to offer prices of inflation-indexed bonds as part of efforts to jump-start their trading.
S. Korea finalizes details on hedge funds
South Korea's financial watchdog has finalized details about qualifications to manage hedge funds.
South Korea to come up with first local hedge fund
South Korea is moving to quicken a regulatory revision in a bid to launch the first local hedge fund within this year.
Woori to strengthen non-banking business
Woori Finance Holdings Co. seeks to acquire or merge with non-banking financial companies to diversify its bank-focused business.
MBK Partners emerges as sole bidder for KEB
The private equity fund is the only bidder that submitted proposal of $4bln as rivals offered less than $3.3bln.
Nomura and MBK Partners discuss KEB bid
Parties in early talks for joint bid for KEB even as ANZ showed interest.
Nomura establishes local subsidiary in Korea
Under the Financial Investment Services and Capital Market Act, the Financial Services Commission of Korea has granted final approval for the conversion of Nomura's Korean branch into a licensed subsidiary.
Lone Star urges foreign investors to acquire KEB
US fund sent letters to investors in an effort to resume lender’s delayed sale.
Chin is new UBS Hana CEO
Michael Chin has been appointed CEO of UBS Hana Asset Management effective in January 2010.
