7 stories found
Several companies across various sectors are either releasing their first-quarter 2026 earnings reports or providing previews of their financial performance. These reports offer insights into the companies' recent business operations and financial health.
South Korea's internet-only lender, Kakao Bank, is accelerating its overseas expansion, with Mongolia as a key target, while also enhancing its artificial intelligence capabilities to become a personalized financial assistant.
Kakao Entertainment has nominated Ko Jung-hee, former head of the artificial intelligence group at Kakao Bank, as its new co-CEO, forming a leadership duo with current co-CEO Joseph Chang.
Kakao Bank is shifting its approach to ESG, treating sustainability not merely as a reputational concern but as a fundamental aspect of its financial strategy, from its mobile-only model to plans for financed emissions.
Thai financial group SCBX, in partnership with Korea's Kakao Bank, has established a new subsidiary named Bank X, which will serve as the corporate entity for their upcoming digital lending venture in Thailand.
Kakao Bank has signed a memorandum of understanding with MCS Group, marking a significant step towards its entry into the Mongolian financial market and global expansion efforts.
Kakao Bank announced the appointment of Kim Geon-soo as deputy chief executive and approved a 219.2 billion won ($145.5 million) cash dividend at its annual general meeting.