Having secured effective control of the bank, Kitao could delist it in order to pay back funds Shinsei has owed taxpayers since a 1998 bailout.
For Takako Taniguchi's latest contributions to The Japan Times, see below:
The executive is urging female colleagues to take on new challenges as she forges a path in sustainable finance.
It’s a global trend predicted to grow beyond $50 trillion by 2025, but cases of "greenwashing" mean companies must stay cognizant of possible risks.
Tokyo-based Shinsei Bank Ltd. has asked shareholders to approve on Thursday its plan to use a poison pill defense against a proposed stake increase by SBI Holdings Inc.
The pain continues for Japan’s biggest brokerage after already taking a $2.9-billion hit from its dealings with an obscure investment firm.
The move has been buoyed by investor demand, after central banks made bonds and some other traditional investments less profitable and pushed the price of stocks and real estate higher.
The company has said it doesn’t plan to monitor whether employees working remotely are following the guidelines.
"All Toshiba had to do was agree to an independent investigation,” said an expert on corporate governance in Japan. "But for some reason, they refused.”
Nomura Holdings Inc. raised its pretax income target for the financial year ending March 2023 by 14%, with the bulk of growth expected to come from its wholesale division as it moves on from the implosion of Archegos Capital Management. Japan’s biggest brokerage expects pretax ...
The firm has vowed to strengthen its risk management after being stung by the collapse of the U.S. family office capital management firm.