Hana and IRG in TMT alliance

The major Korean bank has set up an alliance with the Asian boutique to boost its investment banking.

In a move that represents a new trend in the Korean investment banking sector, one of Korea's major banks has struck an alliance with an international boutique. Hana Bank, Korea's third largest commercial bank, will set up an alliance with sector specialist, IRG.

This will focus on originating telecom, tech and media business TMT from Korea. Hana already has a strong presence in the infrastructure side of investment banking, but wanted to grow its TMT business.


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