All posts tagged "bank"

  • Hanmi, BBCN, bank
    Hanmi Bank proposes merger with BBCN

    By The Korea Times Los Angeles staff Hanmi Bank, the third-largest Korean American bank, has proposed a merger with BBCN Bancorp, the largest Korean American bank. The two banks’ combined assets would total $12 billion, putting it...

    • Posted November 27, 2015
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  • (AP Photo/Ahn Young-joon)
    S. Korea cuts interest rate to record low

    SEOUL, South Korea (AP) — South Korea unexpectedly lowered its benchmark interest rate Thursday to a record low of 1.75 percent, joining central banks from Europe to India in efforts to revitalize sluggish economic growth. The quarter...

    • Posted March 12, 2015
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