Tag - sbi

 
 

SBI

Japan Times
BUSINESS / Markets
Jul 13, 2023
Credit Suisse AT1 fallout embroils more brokerages in Japan
Documents have raised questions over whether information over the risks associated with the product was properly disclosed to investors.
BUSINESS
Jul 5, 2023
Taiwan’s PSMC to team up with SBI to build foundry in Japan
SBI will help raise funds for the venture, which plans to begin with 40-nanometer and 55nm automotive and industrial chips and produce more advanced 28nm chips in the medium to long term.
Japan Times
BUSINESS
Mar 22, 2023
Bad timing as Japan hosts this year's first bank IPO
Amid ongoing global financial turmoil, Tokyo-based SBI Sumishin Net Bank shares were priced at the bottom of a range at ¥1,200 each against an expected price of as high as ¥1,260.
Japan Times
BUSINESS / Companies / Regional Voices: Tohoku
Nov 28, 2022
10 years in making, Tohoku regional banks taking on new challenges
Human resource development and smartphone apps are among the initiatives being adopted by financial institutions in the region.
Japan Times
BUSINESS / Companies
Aug 19, 2022
Japan’s largest online broker to shut crypto mining in Russia
Russia's invasion of Ukraine has created uncertainty over the prospects of the mining business, while crypto's global market rout has rendered it less profitable to mine tokens.
Japan Times
BUSINESS
Jun 21, 2022
Sumitomo Mitsui to take 10% stake in SBI Holdings, source says
The deal would mark another significant acquisition for Sumitomo Mitsui after a string of other deals.
Japan Times
BUSINESS
Mar 30, 2022
After takeover battle, new Shinsei CEO considers buying shadow banks
The midsized lender with u00a510.6 trillion in assets came into the spotlight last year when SBI Holdings Inc. made a tender offer to take effective control of the firm.
BUSINESS / Companies
Mar 7, 2022
SBI Sumishin Net Bank to postpone $1.2 billion IPO
The postponement marks the latest example of an IPO being shelved in markets globally, as investors from Hong Kong to Zurich grow anxious following the events in Ukraine.
BUSINESS / Companies
Dec 22, 2021
SBI's Yoshitaka Kitao 'totally agrees' with suggested delisting of Shinsei Bank
Having secured effective control of the bank, Kitao could delist it in order to pay back funds Shinsei has owed taxpayers since a 1998 bailout.
Japan Times
BUSINESS / Markets / FOCUS
Dec 13, 2021
As Japan's finance sector ends painful year, ex-Nomura banker vows to bring change
By taking effective control of Shinsei Bank Ltd., Yoshitaka Kitao is setting his sights on creating a banking alliance to rival the conservative old guard.
Japan Times
BUSINESS
Nov 25, 2021
As Shinsei defense collapses, another poison pill works in Japan
Tokyo Kikai Seisakusho Ltd., a small maker of newspaper printing presses, said Thursday that Asia Development Capital Co. had decided not to pursue control of the firm.
Japan Times
BUSINESS / Companies / FOCUS
Nov 25, 2021
Japanese financier scores big win in battle for Shinsei Bank
Shinsei Bank canceled a shareholder vote on a poison pill defense against a takeover bid from Yoshitaka Kitao's SBI Holdings that was scheduled for Thursday.
Japan Times
BUSINESS / Companies
Nov 24, 2021
Shinsei Bank drops poison pill defense in SBI takeover saga
A takeover fight erupted for Shinsei in September when Japan's biggest online brokerage launched a rare unsolicited tender offer to increase its stake in Shinsei.
Japan Times
BUSINESS / Companies
Nov 24, 2021
The poison pill, long hated by investors, gets new love in Japan
Tokyo-based Shinsei Bank Ltd. has asked shareholders to approve on Thursday its plan to use a poison pill defense against a proposed stake increase by SBI Holdings Inc.
Japan Times
BUSINESS / Companies
Nov 18, 2021
U.S. hedge fund says both Shinsei and SBI at fault in takeover battle
'Both sides are not satisfying what shareholders would like to see,” said Dalton Investments co-founder and portfolio manager Jamie Rosenwald, whose firm holds about 3% of Shinsei for clients.
Japan Times
BUSINESS / Companies
Nov 10, 2021
Shinsei board member says the bank needs to improve performance
Shinsei has moved to defend itself from an SBI takeover bid, saying it would introduce a strategy designed to dilute the suitor's stake.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’