Slow going for investors

Article Abstract:

The failure of the KorAm Bank's workers union in preventing the delisting of the Bank's share from being delisted by Citigroup has been mentioned. Citigroup acquired KorAm Bank and has stood firm on its proposal to delist the shares which decision has been detrimental to the interests of the banks personnel as well the investors. The workers' union has gained little for the 18 days strike and the loser is the South Korean government in terms of depreciation of its assets on account of the strikes.

United States, Commercial Banks, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Executive changes & profiles, Securities issued, listed, Officials and employees, Financial services industry, Negotiation, mediation and arbitration, Demonstrations and protests, Securities, Citigroup Inc., Company securities, C, Koram Bank

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Bigger isn't always better

Article Abstract:

This article discusses the opposition of the banks' labor union to the sale of the government's 80% stake in South Korea's Chohung Bank. The buyer is Shinhan Financial Group. The union considers the privatization of the bank an example of the government telling banks how to run their businesses.

Government expenditures, Economic policy, Privatization, Privatization (Business), Chohung Bank, Shinhan Financial Group Co.

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Labour pains. A labour-friendly president gets tough on strikers and wins points with big business

Article Abstract:

President Roh Moo Hyun has shown little patience with labor stoppages. He is committed to economic reform, and prevent the country from suffering further by such labor stoppages that could hurt the country's already soft economy.

Management dynamics, Economics, Research and Development in the Social Sciences and Humanities, Railroads, Rail Transportation, Public affairs, Personnel administration, Strikes, Management, Political activity, Labor relations, Company business management, Roh Moo-hyun

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