• Bloomberg


Shinsei Bank Ltd. Chief Executive Officer Thierry Porte, whose firm is buying General Electric Co.’s Japan consumer finance business for $5.4 billion, said the industry is about to recover from its two-year slump.

“I think we are arriving at the bottom, and we can expect to move from here,” Porte, 51, said Monday on Bloomberg Television.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.