Shinhan Investment Corp. posted a 25% year-on-year jump in first-half net profit to KRW 258.9 billion, fueled by strong investment banking fee growth and higher proprietary trading revenue.
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https://en.infomaxai.com/news/articleView.html?idxno=73864
Shinhan Investment Corp. First-Half Net Profit Rises 25% to KRW 258.9 Billion on Strong IB Performance

Shinhan Investment Corp. posted a 25% year-on-year jump in first-half net profit to KRW 258.9 billion, fueled by strong investment banking fee growth and higher proprietary trading revenue.

Yonhap Infomax
South Korea’s private asset management sector saw 60% of firms post losses in Q1, yet overall industry net profit surged 53% quarter-on-quarter, highlighting deepening polarization.
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#AssetManagement #FinancialSupervisoryService #NetProfit #PrivateFund #FeeIncome
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68359
Six Out of Ten Private Asset Managers Post Losses—Net Profit Surges 53.3% Quarter-on-Quarter

South Korea’s private asset management sector saw 60% of firms post losses in Q1, yet overall industry net profit surged 53% quarter-on-quarter, highlighting deepening polarization.

Yonhap Infomax
Mirae Asset Securities posted record overseas stock brokerage fee income in Q1, surpassing domestic fees for a second straight quarter, driven by differentiated global services and strong client gains.
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https://en.infomaxai.com/news/articleView.html?idxno=64828
Mirae Asset Securities Achieves Record Overseas Stock Brokerage Revenue, Surpassing Domestic Fees for Second Consecutive Quarter

Mirae Asset Securities posted record overseas stock brokerage fee income in Q1, surpassing domestic fees for a second straight quarter, driven by differentiated global services and strong client gains.

Yonhap Infomax
State Street profit misses on lower fee income; shares fall

State Street Corp <a href="https://www.reuters.com/companies/STT.N" target="_blank">(STT.N)</a> reported a first-quarter profit on Monday that missed analysts' estimates, hurt by a fall in fee income due to the recent U.S. banking crisis, sending the company's shares down 10% in premarket trading.

Reuters