South Korea's Ministry of Economy and Finance reported that Deputy Prime Minister and Minister Koo Yun-cheol met HSBC Group CEO Georges Elhedery and Schroders Group CEO Richard Oldfield in London on the sidelines of a Korea economy investor relations event. He used the meetings to highlight Korea's foreign exchange and capital market reforms, present investment opportunities in artificial intelligence and advanced industries, and seek stronger support and long-term investment from global financial institutions. Both firms indicated support for deeper cooperation with Korea. In the HSBC meeting, Koo outlined specific foreign exchange market reforms, including 24-hour market trading and the development of an offshore KRW settlement system, and stressed that participation by globally connected institutions is important as market modernization proceeds. HSBC welcomed Korea's reform efforts and said it would expand cooperation in AI infrastructure, energy transition and advanced industries, while continuing to support the international expansion of Korean companies and investors. In the Schroders meeting, Koo described the reforms as structural and ongoing rather than a short-term initiative and pointed to stronger international interest in Korea's capital market. Schroders said corporate governance improvements, stronger shareholder returns and efforts to narrow the Korea discount were important structural changes, and linked them to the prospect of sustained long-term institutional inflows and continued cooperation in renewable energy, energy transition infrastructure and venture capital.

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