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KB Financial Group
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Summary
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company sizeCompany size: 5000+
total assetsTotal Assets: $50B+

KB Financial Group is a leading financial services provider in Korea founded in 2002. KB Financial Group offers a broad suite of banking, capital, investing, insurance and other financial services for individuals and businesses.

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KB Financial Group - Recent News & Articles

WaFd sheds 8% of staff with mortgage exit

WaFd Bank is exiting the single-family mortgage lending business, spurring an 8% reduction in the lender’s workforce, the Seattle-based bank said Thursday. The job cuts affect 174 employees, based on ...

Source: Banking Dive

Bankers hope for IPO revival in 2025 as high-profile listings stack up

Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year, buoyed by a promising pipeline of anticipated initial public offerings of several high...

Source: Reuters

Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth ‘highly likely’ to miss forecasts

The Bank of Korea held its benchmark policy rate at 3% in a surprise move so as to assess changes in domestic and external economic conditions. The BOK’s decision surprised economists polled by Reuter...

Source: CNBC

Goldman Sachs launches Capital Solutions group to grow private credit and equity business

Goldman Sachs has unveiled several new actions as it looks to strengthen its services for corporate and investor clients and grow its business in private credit, private equity, and other asset classe...

Source: FinTech Futures

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the “final step” in the easing process. Even with the full ...

Source: CNBC

20 banks and thrifts with the most home equity loans

The top five banks and thrifts with the largest portfolios of home equity loans had more than $94 million in loans combined for the third quarter of last year — more than half of the roughly $178 mill...

Source: American Banker

Citrin Cooperman, a Leading Professional Services Firm, to Receive Significant Investment as Blackstone Acquires Stake from New Mountain Capital

Citrin Cooperman Advisors LLC (the "Firm"), a premier tax, advisory and accounting provider for private middle market businesses and high net worth individuals, today announced a definitive agreement ...

Source: Blackstone

China will sharply increase funding from treasury bonds to spur growth in 2025

China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing cranks up ...

Source: Reuters

Crypto Sees Second-Best Year Ever: 2024 Trading Hits $18.4 Trillion

AltIndex’s report showed that this growth was driven by Bitcoin's rally, spot ETF approvals, increased DeFi activities, and regulatory clarity in key regions. Binance dominated the market by reportedl...

Source: Finance Magnates

Decentralized exchange volume hits record high of $462B in December

Decentralized exchanges (DEXs) set a record high in December, with monthly trading volume soaring to $462 billion, according to decentralized finance (DeFi) data platform DefiLlama. Data released on D...

Source: Cointelegraph