The idea was to teach Japan the American way of banking: U.S. banks are businesses. If borrowers can’t repay loans, they sell assets to raise cash, give property to the bank or declare ...

Shares of Japan’s Shinsei Bank and Aozora Bank both soar, after Aozora reportedly confirms it’s in talks with Shinsei about a possible merger.

Japan's Shinsei Bank said it will buy Aozora Bank in October of next year, a deal which could increase the possibility of the larger merged entity receiving Japanese public funds to shore up its ...

TOKYO -- Japanese regulators are pressing Shinsei Bank Ltd., the first Japanese bank bought by foreigners, to continue lending to some of its shakiest borrowers, a move that raises questions about ...

TOKYO (Reuters) – Shares of Japan’s Shinsei Bank (8303.T) and Aozora Bank (8304.T) soared on Monday after sources said the two money-losing lenders were in merger talks to form Japan’s sixth ...

TOKYO, March 11 (Reuters) - Japan's Shinsei Bank <8303.T> is preparing to raise about 75 billion yen ($830 million) in a new share issue as merger talks with Aozora Bank <8304.T> appear in danger ...

SBI Holdings said on Friday it would extend the deadline for its $1.1 billion unsolicited tender offer to Nov. 24 from Oct. 25 for Shinsei Bank if Shinsei agrees to meet certain conditions.

Japanese megabanks such as Mitsubishi UFJ Financial Group have come to rescue Wall Street, but two midsize Japanese banks, Shinsei Bank Ltd. and Aozora Bank Ltd., have a different Wall Street tale.

Shinsei Bank is reportedly set to win the auction for General Electric 's Japanese consumer finance unit. However, the deal could sink the struggling bank back into red ink again. That's far below ...

Porté, who ran Morgan Stanley's (MWD ) Japan operation for eight years, joined Shinsei as vice-chairman in late 2003. On June 24 he is to be tapped as the bank's president.

TOKYO, April 27 (Reuters) - Shares of Japan's Shinsei Bank <8303.T> and Aozora Bank <8304.T> soared on Monday after sources said the two money-losing lenders were in merger talks to form Japan's ...