All posts tagged Woori
FSC Chairman talks globalization, deregulation, & privatization
In an interview with Maeil Business Newspaper, Financial Services Commission (FSC) Chairman Chin Dong-soo, talked about ways to improve the global competitiveness of South Korean financial institutions and the privatization plans Woori Bank.
Regarding Competitiveness & Globalization:
The FSC Chairman said that …
Woori Privatization Update: Subsidiaries may be put up for sale
Kyongnam Bank and Kwangju Bank, the unlisted subsidiaries of Woori Financial, may be put up for sale during the privatization process, reported the Korea Economic Daily. The unsourced report
Woori Privatization Update: KB Financial possible merger candidate
South Korean KB Financial was mentioned as a merger candidate for the privatisation of peer Woori Finance, reported the Korea Economic Daily here (Korean). The
Korean Gov. committed to financial deregulation
The Korean government will continue to deregulate the financial sector to promote growth, despite the recent U.S. move to tighten banking rules, according to top Korean government officials. The
New Year Sales
Major M&A deals carried over to 2010 Over the weekend the Korea Herald summarized some of the major M&A deals due to be completed in 2010. Hynix Semiconductor Shareholders have restarted the sale
In the news: Woori, Hynix, and Daewoo two
KDB preparing ‘plan B’ if Daewoo E&C sale fails The JoongAng Daily reported on Friday (Dec. 18) - “Although we expect the sale of Daewoo Engineering to go smoothly, KDB,
Woori on the block in 2010
In today's JoongAng Daily So-young Moon reported on Korea's Financial Services Commission's 2010 privatisation plans - 'Woori leads big M&A year' In summary - The Financial Services Commission (FSC), Korea’s financial regulator, announced yesterday
