South Korea expands foreign banks' access to forex market

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...

Hana Fin to buy Commerzbank's German building for $137 mn

Hana Financial Investment Co. Ltd. will acquire a medium-sized office building in the Frankfurt urban area for around 120 million euros ($137 millio...

Samsung Life sells Commerzbank’s London headquarters for $590 mn

Samsung Life Insurance Co. Ltd. has completed the sale of Commerzbank AG’s London headquarters to Singapore’s property investment firm Wing Tai Holdin...

Samsung consortium to buy Commerzbank head office in Frankfurt

Samsung Securities and Samsung SRA Asset Management will acquire Commerzbank Tower, the headquarters of Commerzbank and the landmark of Frankfurt, at ...