With South Korea's underdeveloped capital markets struggling under the growing weight of the country's rapidly expanding conglomerates, the pressure is on for the sector to evolve and mature – with the government, regulators and banks all taking steps to achieve this goal. But will new regulations and improved infrastructure be enough to transform the industry?
Many of South Korea's largest financial institutions are having to reconsider their investment banking strategies in the wake of changed capital markets regulation, increasing competition and narrowing profits, with many turning to the international market.