The Street (Free subscription) | 03/09/2008
ArvinMeritor is upgraded, Tiffany and Woori Finance downgraded, and Denison Mines and Solera Holdings initiated.
Market Watch (Free subscription) | 04/06/2008
SAN FRANCISCO (MarketWatch) -- Standard & Poor's Ratings Services on Wednesday raised South Korea's Woori Finance Holdings Co.'s local and foreign currency long-term counterparty credit ratings to BBB+ from BBB. "The upgrade of WFH reflects Standard & Poor's revised views that there is a reasonably high possibility of extraordinary government support, channeled through WFH to Woori Bank, if the bank...
Law Blog - WSJ.com (Free subscription) | 30/05/2008
A Woori Finance nominating committee named Lee Pal-seung, formerly head of Woori Investment & Securities, as the sole candidate to fill the post of chief executive.
Law Blog - WSJ.com (Free subscription) | 08/05/2008
Woori Finance CEO Bahk Byong-won has resigned, major shareholder Korea Deposit Insurance said, after serving one year of his three-year term.
International Herald Tribune (Free subscription) | 07/05/2008
Shares in Woori Finance Holdings rose Wednesday as news that its chief executive was to step down raised hopes that privatization plans could be speeded up.
Technology Blog (Free subscription) | 21/04/2008
RTTNews - Global Market News, Asian Market Update, Market & Sectors, Forex Audio News. In the technology space, Hynix Semiconductors gained 2. Automaker Hyundai Motor and steel major POSCO rose 3. In the banking space, Woori Finance rose 1. Feedback | Terms of Service | How To Use RTTNews. read more Technorati Tags: market, , [...]
Banking Business Review (Free subscription) | 01/02/2008
Aviva is planning to enter the South Korean life insurance market by forming a consortium with Woori Finance Holdings Company. The consortium has entered into a definitive agreement with LIG Insurance and seven individual shareholders to acquire a 91.65% stake in LIG Life Insurance, a South Korean life insurance company, for a consideration of KRW137.17 billion in cash.
Financial Time (Free subscription) | 31/01/2008
The acquisition of LIG Life Insurance, in partnership with Woori Finance, will give UK's biggest insurer a foothold in South Korea's lucrative insurance market
Market Watch (Free subscription) | 31/01/2008
LONDON (MarketWatch) -- British insurance firm Aviva said Thursday that it has formed a consortium with Woori Finance Holdings Company Ltd. to buy a 91.65% stake in South Korea's LIG Insurance Co. Ltd for 73.0 million pounds. After the deal closes, Aviva will hold 40.65% of LIG Life. "South Korea is the second largest life insurance market in Asia in terms of premium income and, with Aviva aiming...
Reuters UK (Free subscription) | 31/01/2008
SEOUL, Jan 31 (Reuters) - British insurer Aviva Plc and Woori Finance Holdings have agreed as a consortium to buy a South Korean insurance company for $145 million, giving Aviva an entry into an expanding Asian market.
