The move is part of the bank’s plan to exit consumer banking in 13 countries to simplify the bank and boost its profits.
Citigroup expects to take up to $1.5bn charge on South Korea exit
US bank flags costs in connection with retreat from several markets to refocus on more profitable business lines …
Citigroup flags up to $1.5 bln charge from South Korea retail banking exit
Citigroup Inc said on Monday it expects to take a charge of nearly $1.2 billion to $1.5 billion related to the closure of its consumer banking business in South Korea.
RedHill Biopharma and South Korea’s Kukbo Co. Announce a Strategic Investment of Up To $10 Million in RedHill
We are pleased with the addition of Kukbo as a committed strategic investor and look forward to evaluating opportunities for opaganib, RHB-107 and Talicia in South Korea and other territories in …
RedHill Biopharma Ltd.: RedHill Biopharma and South Korea’s Kukbo Co. Announce a Strategic Investment of Up To $10 Million in RedHill
RedHill received the first tranche of $5 million in a private placement of restricted stock priced at $6.04 per ADS, representing a 20% premium based on the 30 trading days’ volume weighted …
RedHill Biopharma Ltd.: RedHill Biopharma and South Korea’s Kukbo Co. Announce a Strategic Investment of Up To $10 Million in RedHill
RedHill received the first tranche of $5 million in a private placement of restricted stock priced at $6.04 per ADS, representing a 20% premium based on the 30 trading days’ volume weighted …
South Korean Fintech Unicorn Eyes Ride-Hailing Expansion, Synergies With Mobility Data
After pioneering fintech in South Korea, Viva Republica—one of the country’s most valuable startups—is making its first foray away from the lucrative world of finance and into the cut-throat arena of …
South Korean Fintech Unicorn Eyes Ride-Hailing Expansion, Synergies With Mobility Data
After pioneering fintech in South Korea, Viva Republica—one of the country’s most valuable startups—is making its first foray away from the lucrative world of finance and into the cut-throat arena of …
South Korean Fintech Unicorn Eyes Ride-Hailing Expansion, Synergies With Mobility Data
After pioneering fintech in South Korea, Viva Republica—one of the country’s most valuable startups—is making its first foray away from the lucrative world of finance and into the cut-throat arena of …
South Korea Stock Market Likely To Remain Rangebound
The South Korea stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had collected almost 45 points or 1.5 percent. The KOSPI now rests …