Financial Services Agency Commissioner Shokichi Takagi indicated Monday the government wants to sell its preferred shares in Shinsei Bank at the highest possible price to retrieve some of the public funds injected into its failed precursor.

Asked about the timing of unloading the government-held shares in the newly listed bank, Takagi said, “The stock price is one of the factors, and the bank’s efforts to lead its businesses to more sound footing is also important.”

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