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Seoul as Regional Financial Hub _ Achieving the Vision
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The Korea Times, Larry Berger, Jun, 14, 2007 |
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In 2003, Korea announced its intention of developing Seoul into the regional financial hub of Northeast Asia. Achieving this vision would enhance the country's rate of economic growth, provide much needed diversification into the services sector of the economy and create new employment opportunities. Creating a financial hub would also increase the global competitiveness and efficiency of Korean financial institutions . . . allowing them to join the ranks of Asian leaders. The hub would attract global-scale financial institutions and allow them to prosper in a conducive growth environment. A deeper, more liquid money and capital market would be more resilient in future financial or economic crises, mitigating the severe disruptions such as were experienced in the 1997-98 downturn. Becoming a financial hub would furthermore enhance Seoul's diplomatic positioning, regionally and internationally.
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M&A Deals Brewing in Securities Industry
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The Korea Times, Sang-beom Kim, Aug, 3, 2006 |
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``Leading securities firms are likely to acquire small brokerage houses after the Capital Market Integration Act comes into effect in 2008,'' Kim Sang-beom, an associate principal of McKinsey Seoul, said.
In a second phase, industry consolidation among large securities firms may follow.
``As a result, over the next 10 years, the capital market will be reshaped, led by two or three investment banks and some specialized brokers _ instead of the current 50 plus brokerage houses _ and a number of investment services firms,'' Kim said. |
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Korea 2020: Global perspectives for the next decade
Random House, Korea, 2010
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Scholars from all around the world and CEOs of the world’s leading companies gave advice to the Lee Myung Bak administration and pointed to the buzzwords Korea should focus on in the next ten years as the president enters his third year in office.
In the book titled ‘2020 Korea, imagine the next ten years (Random House)’ which was released on April 7th, contributors sha... |
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Driving Growth
Harvard Business School Press, U.S, 2006
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What really underpins economic growth and prosperity in the world today—and what do these new realities imply for organizations around the globe? This vital anthology debunks several myths around what makes economies and companies grow, and helps you assess the potential impact of growth drivers such as information technology and innovation, manufacturing and service industries,... |
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My career at McKinsey laid a sound foundation upon which I was able to build my career. By making full use of my experience at the Seoul and Toronto offices, I was able to start my own business. |
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