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Banking

Korea’s chaebol reform a rare bonus for bankers

With deal volumes weak across most of Asia, South Korea’s latest round of chaebol reform – some by choice, some by necessity – is welcome news for M&A bankers. There is plenty to do, but none of it simple, and not always lucrative.

Samsung Seoul Korea-R-600
A man uses his mobile phone in front of a giant advertisement promoting Samsung Electronics' new Galaxy S5 smartphone, at an art hall in central Seoul April 15, 2014. Samsung Electronics Co Ltd's new Galaxy S5 smartphone should outsell its predecessor and defy predictions that the South Korean titan's latest model will struggle in a tough market for high-end handsets, Yoon Han-kil, senior vice president of Samsung's product strategy team, told Reuters in an interview. Picture taken on April 15, 2014. To match Interview SAMSUNG-ELEC-SALES/ REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS SCIENCE TECHNOLOGY TELECOMS) - RTR3LG96
© Kim Hong-Ji / Reuters/REUTERS

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