Shinhan Financial Group Confirms Non-Bank Options Review

MT Newswires Live
Jun 29

Shinhan Financial Group (KRX:055550) confirmed its review of various measures aimed at improving its non-bank competitiveness, in response to a recent Korea Economic Daily report about its proposed acquisition of Lotte Insurance.

According to a Monday filing with the Korean Exchange, the financial services company has not yet made a decision and will disclose further details by July 28.

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