Demonstrating its successful revival, Shinsei Bank, the successor to the failed Long-Term Credit Bank of Japan, will list its shares Thursday on the Tokyo Stock Exchange.
Although its shares are expected to be popular, the bank has yet to fully regain investor confidence.
"Many investors, especially foreign ones, are paying great attention to Shinsei Bank because they believe it has solved problems that other Japanese banks have been plagued with, including nonperforming loans," said Hironari Nozaki, senior analyst of HSBC Securities (Japan).