Fin FET

Economy Korea’s finance min, central bank chief to take on demographic crisis

South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate, a most urgent task ...

Business & Politics Govenment calls end to Korean financial group heads' long-serving posts

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

Asset management DGB Fin to set up asset management firm in Singapore

South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...

Mergers & Acquisitions Hana Fin. boosts Vietnam presence with BIDV Securities stake

South Korea's Hana Financial Investment Co. has become the second-largest shareholder in Vietnam's BIDV Securities after buying a 35% stake in the V...

Pension funds Police fund to appoint equities specialist as CIO

South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...

Alternative investments KB Fin, Shinhan invest in Sweden's wind farm via joint fund

South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...

Banking & Finance Woori Fin to move closer to privatization by year's end

The South Korean government will sell another big chunk of its remaining shares in Woori Financial Group by year's end to finally give up its top sh...

Block deal Korea state agency sells $134 mn Woori Fin shares

The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won ($134 million) worth ...

Waste management Hana Fin buys Korean waste treatment firm with Asian PEFs

Hana Financial Investment Co. has acquired a small South Korean industrial waste treatment company in a consortium with two private equity firms, in...

M&A Prudential Life draws Taiwan’s Fubon Fin, four Korean prelim bidders

Taiwan’s Fubon Financial Holdings, KB Financial Group and three Seoul-based private equity firms have submitted letters of intent to acquire 100...

M&A Hana Fin, Korea Investment acquire $162 mn Finland wind farms

Hana Financial Investment Co. Ltd. and Korea Investment & Securities Co. Ltd. have acquired the entire equity interest of three wind farms in Finl...

Real estate Hana Fin, Hotel Lotte buy Seattle hotel for $175 mn

Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...

Real estate Hana Fin buys Germany’s office complex from Blackstone for $1.1 bn

Hana Financial Investment Co. Ltd. closed on the 1.3 trillion won ($1.1 billion) purchase of Germany’s largest office complex in Frankfurt from ...

Alternative investment Hana Fin underwrites $145 mn loan on stalled NY hotel project

Hana Financial Investment Co. Ltd. has underwritten a luxury hotel development in New York with a $145 million loan, saving the project from bankruptc...

Alternative investment Hana Fin joins Foxtel’s refinance with $136 mn loan: report

Hana Financial Investment Co. Ltd. has provided A$200 million ($136 million) loan to Foxtel Management Pty Ltd., according to a South Korean news repo...

Alternative investment Hana Fin-led JV buys 4 US student housing properties for $325 mn

Hana Financial Investment Co. Ltd. and Chicago-based Scion Group have acquired a portfolio of four newly-developed student housing facilities for $325...

Hana Fin, Lotte Non-life lend $85 mn for US midstream project

Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...

Hana Fin, CIC to set up $1 bn Korea-China cooperation fund

Hana Financial Group will set up a joint fund with China Investment Corp. (CIC) to invest in companies seeking to penetrate each other’s markets, with...

Hana Fin acquires Prague office building for $147 mn

Hana Financial Investment Co. Ltd. made a 130-million-euro ($147 million) acquisition in Prague’s office property market in June, just a few months af...

Hana Fin to buy stake in French car park company from Ardian

Hana Financial Investment Co. Ltd. has agreed to buy a 15% stake in France’s leading car park operator Indigo Group from Ardian through a co-investmen...

JR AMC acquires $194 mn French office building for Hana Fin

South Korea's JR AMC Co. Ltd. has acquired a commercial building west of Paris for 220 billion won ($194 million) on behalf of Hana Financial Invest...

Hana Fin-led group poised to buy $185 mn Prague office complex

A consortium led by Hana Financial Investment Co. Ltd. and Hana Alternative Asset Management Co. Ltd. has been chosen as the preferred buyer for a thr...

Hana Fin to fund Emirates' A380 jet lease with $250 mn loan

Hana Financial Investment Co. Ltd. will provide a subordinated loan of 280 billion won ($250 million) on four A380 superjumbos long-term leased by Dub...

Hana Fin to buy Commerzbank's German building for $137 mn

Hana Financial Investment Co. Ltd. will acquire a medium-sized office building in the Frankfurt urban area for around 120 million euros ($137 millio...

KKR to buy stake in Shinhan Fin; to raise joint funds of up to $4.4 bn

KKR & Co., a private equity giant, has reached a preliminary agreement to buy a minority stake in South Korea’s No.2 banking group Shinhan Financi...

Korea’s public pension funds to explore joint overseas, alternative investment – fin ministry

South Korea’s public pension funds, including the National Pension Service (NPS) and pension schemes for government officials and military personnel, ...

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