Samsung Securities Signs MOU to Strengthen Company-wide Collaboration with Kanto

"Synergy Expected Across Core Business and New Growth Areas"

On September 9, Samsung Securities announced that it had signed a memorandum of understanding (MOU) with Kanto, a global comprehensive financial group, to seek strategic business opportunities across the securities business. This agreement aims to expand the scope of collaboration beyond the currently ongoing U.S. stock brokerage services to include fundraising, digital finance, and research. By doing so, both companies intend to broaden their global reach and provide innovative solutions to clients.

At Kanto headquarters in New York, Pascal Bandelier, co-Chief Executive Officer (CEO) of Kanto, and representatives from both companies attended to establish a comprehensive business partnership. From the left, Pascal Bandelier, co-CEO of Kanto, and Jongmoon Park, President of Samsung Securities. Samsung Securities

Founded in 1945, Kanto is a global comprehensive financial group headquartered in New York, operating more than 60 offices worldwide. Leveraging outstanding expertise and innovative products across a wide range of financial services-including investment banking, capital markets, bond and stock trading, prime services, research, and asset management-Kanto delivers customized solutions to its clients.

Pascal Bandelier, co-Chief Executive Officer (CEO) of Kanto, stated, "This business agreement marks an exciting step forward in our efforts to create new value for clients and highlights both companies' commitment to expanding into global markets. Samsung Securities' leadership in Asia will complement Kanto's strengths across the United States and Europe, creating a powerful collaborative platform."

Jongmoon Park, President of Samsung Securities, also commented, "We are very pleased to explore exciting ways to provide clients with new products and services and to broaden access to global investment opportunities through this MOU with Kanto."

Meanwhile, during his business trip to the United States, Jongmoon Park of Samsung Securities also met with Strategas and Baird, in addition to Kanto, to continue efforts to provide high-quality overseas investment information to domestic institutional investors.

Samsung Securities has formed a strategic alliance with Strategas Securities, a leading provider of research information to major global institutional investors, to offer U.S. stock information and corporate access (CA) services to Korean institutional investors.

Strategas is a specialized securities firm that has been named Wall Street's top macroeconomic research institution for eight consecutive years by Exchange Telegraph. Its parent company, Baird, is a comprehensive securities firm that provides analysis on more than 700 U.S. companies.