shinsei bank ltd (SKLKF) Key Developments
Shinsei Bank to Close Chiba and Kamakura Consulting Spots on February 27, 2015
Jan 16 15
Shinsei Bank informed customers that its Chiba Consulting Spot and Kamakura Consulting Spot will cease operations on February 27, 2015.
Three Buyers Reportedly Seeks To Acquire Citi's Credit Card Business In Japan
Dec 5 14
Isetan Mitsukoshi Holdings Ltd. (TSE:3099), Shinsei Bank, Limited (TSE:8303) and Jordan Commercial Bank have emerged to make a joint bid for Citigroup Inc. (NYSE:C) credit card business in Japan, Reuters reproted citing Nikkei. Shinsei is expected to be the main buyer, with JCB assisting with account settlements and Isetan Mitsubishi providing department store services to cardholders. The companies have not yet decided what they will pay for the business. Citi declined to comment or confirm the report.
Shinsei Bank, Limited Presents at Nomura Investment Forum 2014, Dec-02-2014
Nov 29 14
Shinsei Bank, Limited Presents at Nomura Investment Forum 2014, Dec-02-2014 . Venue: The Palace Hotel Tokyo, Tokyo, Japan.
Four Banks Likely To Bid For Citi's Consumer Banking Business
Nov 6 14
Shinsei Bank, Limited (TSE:8303), Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank and Resona Bank, Limited are likely to participate in the second round of bid for Citigroup Inc. (NYSE:C) consumer banking business in Japan, bankers with knowledge of the matter said. The sale also includes Citibank's Diners Club card business. The highest offer for the unit was around ¥50 billion in the first round of bid and the bidders in the second round may now offer less than that after taking a closer look at the unit's assets, said a bank executive. Citi is expected to pick a buyer for the Japanese business as early as in December 2014.
Shinsei Bank To Postpone Listing Of REIT
Nov 6 14
Shinsei Bank, Limited (TSE:8303) plans to postpone the listing of a health-care real estate investment trust. Shinsei and its partners plan to list the REIT in 2015 instead of 2014, said Takashi Fujimura, Chief Executive Officer and President of Japan Senior Living Partners Inc. The bank plans to list the REIT with ¥50 billion and eventually double the size to ¥100 billion, he said. “The health-care market in Japan has become bubble-like,” said Fujimura in an interview on November 4, 2014. “The prices are being pushed up so fast that some buyers don’t know what the right price is anymore.”