29 stories found
Kakao Bank posted a record first-half profit, with net income climbing 24.4 percent from a year earlier to 328 billion won ($229.7 million), driven by rising fee income and gains from treasury operations.
Tourists visiting Mostar, Bosnia and Herzegovina, express delight with the city, highlighting the friendliness of its people and stating they don't feel exploited.
Kakao Bank has announced the appointment of Kim Woo-joo, a former global business executive at Kia, as the new head of its global division. Kim brings nearly three decades of experience from Hyundai Motor Group and Kia to his new role.
More than 20 people were hospitalized after an unknown substance was allegedly sprayed inside a shopping mall in Tokyo's Ginza area, causing a strong smell and throat irritation.
Pope Leo XIV reportedly experienced difficulties with customer service, with a representative allegedly hanging up on him during a call to his bank. The incident highlights a common frustration with customer support, even for high-profile figures.
A supervisor has been arrested in connection with a scandal at CBAO bank in Tivaouane, where over 282 million CFA francs were reportedly stolen.
Kakao Bank is shifting its approach to ESG, treating sustainability not merely as a reputational concern but as a fundamental aspect of its financial strategy, from its mobile-only model to plans for financed emissions.
South Korea's internet-only lender, Kakao Bank, is accelerating its overseas expansion, with Mongolia as a key target, while also enhancing its artificial intelligence capabilities to become a personalized financial assistant.
French authorities successfully thwarted an apparent bomb attack outside a Bank of America branch in Paris, arresting a man who allegedly attempted to ignite a homemade explosive device in the city's 8th arrondissement, with a counter-terrorism investigation now underway and one suspect detained.
A 79-year-old woman from Čakovec, Croatia, fell victim to online fraud after a man posing as a banker convinced her over the phone to install applications and provide access codes, resulting in a loss of nearly 50,000 euros.
Yun Ho-young, CEO of Kakao Bank, visited Mongolia this week as part of President Lee Jae Myung's business delegation. Kakao Bank was the only commercial bank represented in the group, signaling advancing plans in Mongolia.
Kakao Bank, South Korea's largest digital-only lender, announced its plan to fully acquire Mastern Capital. This acquisition marks the bank's first major step into nonbank lending, aiming to diversify its financial services portfolio.
Kakao Bank, Korea's largest internet-only bank, is launching its Thai virtual bank venture, Bank X, marking a strategic shift from investor to operator in its overseas expansion efforts.
UniCredit has reached a non-binding agreement to sell a portion of its Russian subsidiary, AO Bank. The deal involves a UAE investor, marking a step towards the bank's divestment from its Russian operations.
Several companies, including ATN International, EVERTEC, Montrose Environmental, Phibro Animal, UGI, and TKO, have released their latest quarterly financial results. While some companies reported earnings that beat analyst expectations, others missed revenue or EPS forecasts.
A significant sum of over 282 million CFA francs was stolen from the CBAO bank in Tivaouane, leading to the arrest of a supervisor. This incident has sparked a scandal within the bank.
Treasury's Bessent and Fed's Powell reportedly convened an urgent meeting with heads of Wall Street banks. The purpose of the meeting was to warn about potential cybersecurity risks associated with Anthropic's AI technology, amidst an ongoing Pentagon dispute.
Thai financial group SCBX, in partnership with Korea's Kakao Bank, has established a new subsidiary named Bank X, which will serve as the corporate entity for their upcoming digital lending venture in Thailand.
Kakao Bank announced the appointment of Kim Geon-soo as deputy chief executive and approved a 219.2 billion won ($145.5 million) cash dividend at its annual general meeting.
Kakao Entertainment has nominated Ko Jung-hee, former head of the artificial intelligence group at Kakao Bank, as its new co-CEO, forming a leadership duo with current co-CEO Joseph Chang.
Kakao Bank announced that its Financial Tech Lab's research on financial artificial intelligence safety has received global recognition, with four papers accepted at major AI-related conferences this year, focusing on generative AI security.
Kakao Bank held discussions with Mongolia's central bank and MCS Group executives to expand cooperation in digital banking and financial innovation within the country.
New details have emerged in a case that disturbed the public following the release of a video, revealing that Martinjak robbed banks and post offices and was diagnosed with a personality disorder.
US Senator Marco Rubio met with Pope Leo XIV at the Vatican in a 'constructive' meeting aimed at strengthening US-Vatican ties. The discussions took place amidst reported tensions between the Vatican and the Trump administration.
Despite a significant decline in profits during the first quarter of 2026, Pekao bank's management is emphasizing a revival in lending activity and plans to achieve double-digit loan growth in the coming quarters.
A masked and armed individual successfully robbed a bank located in Niš. The incident involved a lone perpetrator.
Kakao Bank has signed a memorandum of understanding with MCS Group, marking a significant step towards its entry into the Mongolian financial market and global expansion efforts.
A Croatian report suggests that sports associations are being exploited as "ATMs" for financial gain, implying corruption and misuse of funds under the guise of patriotism.
A 57-year-old Bosnian-origin upholsterer in Sweden, Frank Arnautović, was shocked to find nearly a million euros mistakenly deposited into his bank account and promptly contacted the bank to return it.