Hanwha Life Acquires Velocity Clearing

Hanwha Life Completes Acquisition of U.S.-Based Velocity Clearing, LLC, Becoming the First Korean Insurer to Signal a Bold Expansion into North American Capital Markets

Entering the U.S. securities industry as the first Korean insurance company

Deals: Hanwha Life Completes Acquisition of Velocity Clearing LLC

The latest news from South Korea for you; Hanwha Life, South Korea’s first life insurance company, has officially completed the acquisition of a 75% stake in U.S.-based global financial services firm Velocity Clearing, LLC on [...] The post Deals: Hanwha Life Completes Acquisition of Velocity Clearing LLC appeared first on .

Hanwha Life completes majority acquisition of Velocity Clearing - Asset Servicing Times

The deal marks the firm’s move into the North American capital markets — beyond Hanwha Life’s traditional insurance business

Hanwha Life Acquires Velocity Clearing, Marks Historic U.S. Entry

SEOUL, South Korea and NEW YORK, July 31, 2025 /PRNewswire/ -- Hanwha Life, South Korea's first life insurance company, has officially completed the acquisition of a 75% stake in U.S.-based global financial services firm Velocity Clearing, LLC on July 30 (EST). The majority of the stake acquired was owned by an affiliate of Cerberus Capital Management, L.P. The deal marks a bold strategic move into the North American capital markets—beyond Hanwh…

Hanwha Life enters U.S. with Velocity Clearing acquisition

Hanwha Life Insurance has officially stepped into the North American financial arena, announcing Thursday that it has completed the acquisition of a 75 percent stake in New York-based brokerage firm Velocity Clearing.

Hanwha Life Acquires Velocity Clearing

Hanwha Life, South Korea’s first life insurance company, has officially completed the acquisition of a 75% stake in U.S.-based global financial services firm Velocity Clearing, LLC on July 30 (EST). The majority of the stake acquired was owned by an affiliate of Cerberus Capital Management, L.P. The deal marks a bold strategic move into the North American capital markets—beyond Hanwha Life’s traditional insurance business. With this transaction,…