Korea Exchange Bank

KDB Financial targets buy of Korea Exchange Bank: report
MarketWatch | 3 days 50 minutes ago
The chairman of South Korea's KDB Financial Group Inc. said Friday the state financial holding company plans to buy local banks, including Korea Exchange Bank, local news reports said.

UPDATE 1-KEB shares hit 17-mth peak on Hana Fin interest
Reuters | 32 minutes ago
SEOUL, Nov 23 (Reuters) - Shares in Korea Exchange Bank (KEB) (004940.KS) jumped more than 5 percent to the highest in more than 17 months on Monday, after bigger rival Hana Financial Group (086790.KS) expressed interest in buying a stake in the country's No.6 lender.

South Korean banks take break from dizzying rally - MarketWatch
MarketWatch | 13 days 22 hours 50 minutes ago
South Korean banks have far outstripped the broader market over the last eight months, with many of them at least doubling in value as global financial markets stabilized. But loan growth is likely to moderate next year, while an expected increase in interest rates may revive concerns about bad loans, analysts say.

M&A activity to pick up as financial market thaws
Asia News Network | 50 minutes ago
The local financial and business sectors are bracing for a wave of mergers and acquisitions.

Seoul shares rangebound;KEB jumps on Hana interest
Reuters | 1 hour 40 minutes ago
SEOUL, Nov 23 (Reuters) - Seoul shares were rangebound on Monday with gains in KEB (004940.KS) on Hana Financial's (086790.KS) interest in the bank adding support to markets, but losses in LG Elec (066570.KS) and carmakers weighed.

Asian Shares Higher; James Hardie Surges On Strong 2Q Result
MarketWatch | 48 minutes ago
Asian stock markets were higher but trading in tight ranges Monday, as investors looked for fresh direction. In Australia, James Hardie Industries was in the limelight after it posted stronger-than-expected results.

Asian Stocks Rise on Higher Metal Prices; James Hardie, Newcrest Advance
Bloomberg | 1 hour 48 minutes ago
Newcrest Mining Ltd. added 3 percent in Sydney as gold prices increased for the seventh straight session. Rio Tinto Group climbed 2 percent after metal prices in London had their biggest weekly advance in a month. James Hardie surged 7.8 percent after forecasting full-year earnings at the top range of analyst estimates. Korea Exchange Bank gained 3.8 percent after Hana Financial Group Inc. said it would consider a bid.

Asian Stocks Rise as Metal Prices Boost Mining Shares; James Hardie Climbs
Bloomberg | 1 hour 49 minutes ago
Newcrest Mining Ltd. added 3 percent in Sydney as gold prices increased for the seventh straight session. Rio Tinto Group climbed 2 percent after metal prices in London had their biggest weekly advance in a month. James Hardie surged 7.8 percent after forecasting full-year earnings at the top range of analyst estimates. Korea Exchange Bank gained 3.8 percent after Hana Financial Group Inc. said it would consider a bid.

Australia Up in Lacklustre Trade
Wall Street Journal, The | 1 hour 43 minutes ago
SINGAPORE -- Asian stock markets were higher but trading in tight ranges Monday, as investors looked for fresh direction. In Australia, James Hardie Industries was in the limelight after it posted stronger-than-expected results.

The Korea Herald : The Nation's No.1 English Newspaper
Korea Herald (Seoul), The | 10 hours 24 minutes ago
The local financial and business sectors are bracing for a wave of mergers and acquisitions.

Bank CEOs Gear Up for KEB Takeover
Korea Times, The | 16 hours 28 minutes ago
With the global financial meltdown showing signs of abating around the world, CEOs of local financial groups are rolling up their sleeves again to find a potential target for merger & acquisitions (M&A) in order to get the upper hand in the post-crisis era

'Hana Open to Every M&A Possibility'
Korea Times, The | 14 hours 33 minutes ago
Hana Financial Group Chairman Kim Seung-yu has indicated that the nation's fourth largest financial holding company will join an upcoming race to take over Korea Exchange Bank (KEB)