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Latest KB News From Around the Web
Below are the latest news stories about KB Financial Group Inc that investors may wish to consider to help them evaluate KB as an investment opportunity.
Indonesia's financial watchdog on Wednesday urged customers not to withdraw excess cash from banks while it and the police investigate "irresponsible" social media posts about mid-sized Bank Bukopin. The Financial Services Authority (OJK) said viral social media videos urging customers to withdraw money from the bank would be investigated. The OJK called on customers to avoid excess withdrawals from all banks and regarding Bukopin said they should "remain calm and do not withdraw above a fair amount as that would affect the bank's condition greatly".
KB vs. BBD: Which Stock Is the Better Value Option?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
KB Financial Group Inc. -- Moody's affirms KB Financial Group's ratings on planned acquisition of Prudential Life Insurance Company of Korea, Ltd.
Rating Action: Moody's affirms KB Financial Group's ratings on planned acquisition of Prudential Life Insurance Company of Korea, Ltd. Hong Kong, April 28, 2020 -- Moody's Investors Service has affirmed the A1 long-term foreign currency issuer rating with a stable outlook, and Prime-1 short-term foreign currency issuer rating of KB Financial Group Inc. (KB FG). On 10 April 2020, KB FG entered into a purchase and sale agreement to wholly acquire Prudential Life Insurance Company of Korea, Ltd. (Prudential Life Korea) from Prudential Financial, Inc. (A3 stable) for a total cash consideration KRW2.3 trillion ($1.9 billion).
Image source: The Motley Fool. KB Financial Group Inc (NYSE: KB)Q1 2020 Earnings CallApril 23, 2020, 3:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Peter Kwon -- Head of Investor Relations Greetings.
On April 24, 2020, KB Financial Group Inc. filed its Annual Report on Form 20-F for the year ended December 31, 2019 with the U.S. Securities and Exchange Commission. The 2019 Annual Report on Form 20-F can be downloaded from www.kbfg.com, as well as from the website of the U.S. Securities and Exchange Commission at www.sec.gov. Investors may request a hard copy of the 2019 Annual Report on Form 20-F, free of charge, by contacting [email protected]
Mighty Jaxx, which makes licensed collectibles, has raised 4.5 million Singapore dollars (about $3.2 million) in funding for MightyVerse, its platform for tech-enabled figures. Led by the investment arm of KB Financial Group, one of South Korea’s largest banks, the round also included participation from Greycroft Partners’ gaming fund GC VR Gaming Tracker Fund and […]
Prudential (PRU) agreed to sell its South Korea-based insurance arm to KB Financial for $1.9 billion.
Prudential Financial (PRU) has today announced that it has entered into a definitive agreement with KB Financial Group Inc. (KB), a Korean financial … The post Prudential Financial Announces $1.9 Billion Sale of Prudential of Korea appeared first on Smarter Analyst .