Korea

Awards of Excellence
Asian regional awards

Best Bank: Shinhan Bank Best Equity House: JPMorgan Best Debt House: Deutsche Bank Best M&A House: JPMorgan

Shinhan Bank is Korea’s best banking group and expanded last year with the acquisition of Chohung Bank, Korea’s oldest lender. With a cautious approach to integrating the two banks, management of parent Shinhan Financial Group have succeeded in avoiding many of the labour relations pitfalls of its competitors. Staff numbers have been reduced nonetheless from more than 16,000 to about 11,000.