Analysts note that "compassionate finance" is evolving from niche ESG funds to mainstream portfolio allocations, with anticipated 8% CAGR through 2026 in socially conscious asset management revenues. On Oct. 1, the city of Southport confirmed that 56-year-old Michael Durbin of Galena, Ohio, was one of the three people killed in a mass shooting at American Fish Company, a waterfront bar in the city’s Yacht Basin. Shinhan Financial is also actively participating in the debt relief efforts of financial authorities. Currently, the government is pursuing plans to eliminate up to 90% of small business loans issued during the COVID-19 period, up to 100 million won, through the New Start Fund, or to forgive 100% of long-term delinquent debts (over 7 years, 50 million won) for low-income individuals. Jin Ok-dong, chairman of Shinhan Financial Group, stated, “Shinhan Financial’s continued coexistence finance projects are not one-time support, but a strategy to grow together by laying the foundation for customers’ future financial journey. Shinhan Financial plans to continue implementing coexistence finance step by step, helping customers increase their credit and find hidden asset values to achieve economic independence.” Market sentiment toward "compassionate finance" has improved significantly, with the MSCI Sustainable Index climbing 3.5% in just two weeks and implied volatility dropping to a 90-day low.