Business Aug 11, 2018

Higashi-Nippon Bank's chairman to resign over lending scandal

Higashi-Nippon Bank announced Friday that Chairman Michito Ishii will step down at the end of the month over its involvement in improper lending practices. Many improper loans were extended between 2015 and 2017, when Ishii, 66, was president of the regional bank. Ishii, a former commissioner ...

Business / Corporate May 24, 2018

Takeda invites banks to join $31 billion loan for Shire deal

Takeda Pharmaceutical Co. has invited Japanese and overseas banks to participate in the syndication of the $30.85 billion (¥3.362 trillion) loan to back its $62 billion purchase of Shire Plc, according to people familiar with the matter. The move comes after the Japanese pharma giant ...