• Kyodo News


The Financial Services Agency is mulling issuing business improvement orders to six banks that received public funds and announced poor earnings forecasts, sources said Monday.

The banks are Chuo Mitsui Trust Holdings Inc., Shinsei Bank, Aozora Bank, Chiba Kogyo Bank, Higashi Nippon Bank and Gifu Bank, the sources said. Shinsei and Aozora are currently engaged in management integration talks.

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