Gold bar sales at South Korea’s four major banks more than doubled to 345 billion won in the first nine months of 2025, driven by Fed rate cuts, a weaker dollar, and surging demand for safe-haven assets amid global uncertainty.
#YonhapInfomax #GoldBarSales #MajorBanks #FedRateCuts #SafeHavenAssets #GoldPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84854

South Korea’s major banks are urgently strengthening board-level cybersecurity expertise after recent hacking incidents, with top executives receiving tailored training from the Financial Security Institute as regulators signal tougher penalties for weak defenses.
#YonhapInfomax #FinancialSecurity #FinancialSecurityInstitute #Cybersecurity #MajorBanks #HackingIncidents #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84237

South Korea's Fair Trade Commission concludes reinvestigation into major banks' LTV collusion, with decision expected in first half of 2025, potentially increasing fines
#YonhapInfomax #FairTradeCommission #LTVCollusion #MajorBanks #Reinvestigation #PotentialFines #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59738

Financial Supervisory Service conducts on-site consulting for major banks to implement "accountability structure," aiming to strengthen internal controls and risk management in the financial sector
#YonhapInfomax #AccountabilityStructure #FinancialSupervisoryService #MajorBanks #InternalControl #RiskManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58852

While a #Gwichin #SteeringCommittee leader said the policy "is a first for the #American #insurance industry & shows leadership to #protect #sacredLands ," Chubb's board opposes #climate & #HumanRights #shareholder resolutions.

An #Indigenous organization on Monday applauded #Chubb for joining #GlobalInsurers & #MajorBanks in #refusing to #underwrite new #FossilFuel #development within the #Arctic #National #Wildlife #Refuge in #Alaska

https://www.commondreams.org/news/arctic-national-wildlife-refuge-chubb

#StopEcocide #environmental