Shinhan Investment Corp. mistakenly guided its clients that a functioning exchange-traded fund (ETF) was being delisted, and there was also a transaction delay issue. Not only Shinhan but also other major securities firms have recently faced a series of large and small errors. There are concerns tha...
Last year, the National Pension Service's revenue generation rate, which recorded the highest level ever, plummeted below 1% this year. This is a result of the sharp decline in the revenue from overseas stock investments that drove last year's strong performance. Conversely, the domestic stock reven...
Todd Boehly, founder and chairman of Eldridge Industries. Although his name is relatively unfamiliar to the general public in our country, he is a celebrity in the asset management and sports industries. He holds ownership stakes in Major League Baseball (MLB) Los Angeles Dodgers, National Basketbal...
As competition between traditional powerhouses and latecomers in the retail sector of securities companies shows signs of overheating, financial authorities have begun monitoring the situation. While the strengthening of various benefits to attract customers is good for investors, excessive competit...
Christopher Jensen, vice president at U.S. asset management firm Franklin Templeton, explained the value of ETFs that include virtual assets like Bitcoin and Ethereum in a written interview with ChosunBiz. Franklin Templeton is one of 12 firms that received approval from the U.S. Securities and Exc...
Mirae Asset Securities held its 56th annual general meeting on the 27th at the Mirae Asset Center One building in Jung-gu, Seoul, where it reappointed Vice Chairpersons Kim Mi-seop and Heo Seon-ho, and President Jeon Gyeong-nam as inside directors. Mirae Asset Securities also noted that to enhance t...
The Financial Supervisory Service will conduct reviews and inspections of the financial statements of 160 listed companies and audits of 10 accounting firms this year. The FSS announced on the 27th the '2025 Accounting Review and Inspection Work Plan' that includes this information. First, the FSS s...
The Financial Services Commission noted on the 27th that Pount Investment Advisory (an investment management company) and Hana Bank (a retirement pension service provider) will launch retirement pension robo-advisor discretionary management services for the first time. Retirement pension robo-adviso...
Financial authorities decided to strengthen the review of financial statements for corporations planning to go public (IPO). The authorities have taken steps to address the recurrent issues that arise from rapid stock price declines immediately after listing, raising doubts about the financial statu...
In the midst of Lee Bok-hyeon, the Chairperson of the Financial Supervisory Service, arguing that the interim president should not exercise veto power over the amended Commercial Act passed by the National Assembly, Kim Byung-hwan, the Commissioner of the Financial Services Commission, noted, "I hop...
