Kookmin Bank

UPDATE 1-S.Korea Kookmin to raise $342 mln in new shre sale

SEOUL, Dec 3 (Reuters) - Kookmin Bank, South Korea's top retail lender, said on Wednesday it would sell 500 billion won ($342 million) worth of new shares to its parent KB Financial Group to shore up its capital base. To absorb...

S.Korea govt faces more pressure to push bank mergers

By Kim Yeon-hee SEOUL, Dec 2 (Reuters) - Deteriorating financial markets, looming corporate failures and a falling capital base could trigger the first major shake-up of South Korea's banking industry since the Asian financial...

Korean Banks Recovering Pre-Crisis Financial Soundness

The Financial Supervisory Service predicts that Korea¡¯s 14 commercial banks will see their Bank for International Settlements capital adequacy ratios rise from an average 10.79 percent at the end of September to 11.37 percent...

Seoul shares extend gain, up 4 pct as banks bubble

SEOUL, Nov 26 (Reuters) - Seoul shares extended gains to rise 4 percent on Wednesday as banks jumped for a second session after the bailout of U.S. financial giant Citigroup, while gains in defensive issues lent support to the...

Asian stock markets rise after Wall Street rally

TOKYO -- Asian markets rose Tuesday as investors regained some confidence on Wall Street's second straight day of strong gains, spurred by a U.S. government bailout of banking giant Citigroup. Initial reaction in the region to...

SKorean stocks rise sharply after Wall Street gain

South Korean stocks rose sharply Tuesday, spurred by a big gain on Wall Street following a U.S. government bailout of banking giant Citigroup. The Korea Composite Stock Price Index rose 50.33 points, or 5.2 percent, to 1,020.47...

Asian Stock Markets Rise After Wall Street Rally

Timeline: U.S. Credit Crunch & Financial Failures View Market Summaries & Leading Stock Changes TOKYO (AP) ― Asian markets rose Tuesday as investors regained some confidence on Wall Street's second straight day of strong gains,...

Asian stock markets rise after Wall Street rally

TOKYO - Asian markets rose Tuesday as investors regained some confidence on Wall Street's second straight day of strong gains, spurred by a U.S. government bailout of banking giant Citigroup. Initi...

STOCKS NEWS ASIA-Shares to jump as Citi bailout boosts Wall St

WELLINGTON, Nov 25 (Reuters) - Asian shares are set to soar on Tuesday, as Wall Street marked its best two-day run in 21 years after the U.S. government bailed out Citigroup. U.S and European stocks surged in a broad relief...

South Korean stocks rise sharply after Citigroup rescue boosts Wall Street

SEOUL, South Korea - South Korean stocks rose sharply Tuesday, spurred by a big gain on Wall Street following a U.S. government bailout of banking giant Citigroup. The Korea Composite Stock Price Index rose 50.33 points, or 5.2...

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