Shinsei Bank revamps leadership for turnaround after SBI tender offer
New Shinsei president Katsuya Kawashima will be tasked with paving the way to repay the public funds injected into the bank in the wake of Japan's financial crisis in the late 1990s.
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.
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.
SBI begins tender offer for Shinsei Bank, buy orders pour in
SBI's offer was not approved by the Shinsei Bank board in advance and could end up in a hostile takeover.
