Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Hana Bank has assigned a new chief executive officer and named Lee Seung Yeul for the role. As he takes over the company, he reportedly made a pledge to rebuild the bank's sales portfolio.
The overhaul is part of Lee’s management strategy as the new leader of Hana Bank. He officially takes office on Monday, Dec. 2, as the firm’s fourth chief.
According to The Korea Times, the new CEO is considered one of the most experienced financial experts within Hana Financial Group, the bank’s parent company. Prior to becoming Hana Bank’s leader, he served in various financial and strategy-setting units of the financial group.
He also worked at the Korea Exchange Bank in 1991, which later merged with Hana Bank. From 2019 to 2022, Lee was the firm’s chief financial officer. Later, in March 2022, he was appointed to a CEO role at Hana Life Insurance.
It was only last month when Hana Financial nominated him to lead its banking affiliate. The company said it chose Lee because he is fit for preemptively dealing with emerging financial uncertainties brought about by fears of a recession on top of persisting issues over the high inflation levels in the country and overseas.
Now, as the new CEO of Hana Bank, Lee promised to improve its overall sales productivity, and he will do this by making changes in the bank’s loan business and improving Hana Bank’s expertise in foreign exchange transactions and wealth management.
"A leader should take the initiative and set an example when it comes to handling tough tasks," Lee Seung Yeul said after his appointment. "I will stand at the forefront in building a healthy and solid bank that is resilient in periods of crisis.”
He added, “Hana Bank will differentiate its sales capability by training experts in core business areas such as globalization, information technology, investment banking and marketing."
Lastly, The Korea Herald reported that for Lee to reach all of his goals, Lee further vowed that he will “enable honest communication and build solid trust within the organization”
