Under new ownership, will Shinsei Bank be able to draw a line under its debt legacy?
Shinsei Bank is the only bank that has yet to repay public funds it received followed the collapse of the speculation-driven bubble economy in the early 1990s.
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.
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.
Japan's SBI, eyeing shake-up of regional banks, may get a Suga boost
Suga has pledged to strengthen local economies and encourage regional banks to consolidate, a shake-up that many say is long overdue.
Japanese investor has $1 billion to plow into shaky regional banks
Yoshitaka Kitao wants to build a financial empire in an area shunned by investors: the downtrodden ranks of Japan's regional banks. The chief executive officer of SBI Holdings Inc. says he has close to $1 billion to plow into any of the 104 local lenders ...
