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Shinsei Bank
is a leading diversified Japanese financial institution that provides a full range of financial products and services to both institutional and individual customers. It is owned by SBI Group and headquartered in Chuo, Tokyo. History SBI Shinsei Bank is the successor of the Long-Term Credit Bank of Japan, which had a government monopoly on the issuance of many long-term debt securities. Following the collapse of the Japanese asset price bubble in 1989, the bank was riddled with bad debts: the government nationalized it in 1998, and it was delisted from the Tokyo Stock Exchange. After several proposed mergers with domestic banks, LTCB was sold to an international group led by US-based Ripplewood Holdings in March 2000 for ¥121 billion ($1.2 billion U.S.), the first time in history that a Japanese bank came under foreign control. Investor Christopher Flowers also played a major role in the buyout syndicate and remained a key shareholder of the company until August 2019, when the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shinsei Bank (head Office 1)
is a leading diversified Japanese financial institution that provides a full range of financial products and services to both institutional and individual customers. It is owned by SBI Group and headquartered in Chuo, Tokyo. History SBI Shinsei Bank is the successor of the Long-Term Credit Bank of Japan, which had a government monopoly on the issuance of many long-term debt securities. Following the collapse of the Japanese asset price bubble in 1989, the bank was riddled with bad debts: the government nationalized it in 1998, and it was delisted from the Tokyo Stock Exchange. After several proposed mergers with domestic banks, LTCB was sold to an international group led by US-based Ripplewood Holdings in March 2000 for ¥121 billion ($1.2 billion U.S.), the first time in history that a Japanese bank came under foreign control. Investor Christopher Flowers also played a major role in the buyout syndicate and remained a key shareholder of the company until August 2019, when th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ripplewood Holdings
Ripplewood is an American private equity firm based in New York City that focuses on leveraged buyouts, late stage venture, growth capital, management buyouts, leveraged recapitalizations and other illiquid investments. Ripplewood was founded by its current CEO, Tim Collins. Managing partners include Lawrence Lavine, Harris Williams and Michael C. Duran. The company's main interests range from telecommunications to banking to entertainment. The firm manages more than $10 billion in capital. Founded in 1995, Ripplewood manages about $4.0 billion in four institutional private equity funds: Ripplewood Partners, L.P.; Ripplewood Partners II, L.P.; RHJ International, L.P. and New LTCB Partners C.V. The company invests in education publishing, telecom, automotive retail, specialty chemicals, consumer products & food manufacturing, and industrial products. Ripplewood has invested in nearly a dozen industry groups and in companies with more than $20 billion of revenue. It has led ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nihombashi
is a business district of Chūō, Tokyo, Japan which grew up around the bridge of the same name which has linked two sides of the Nihonbashi River at this site since the 17th century. The first wooden bridge was completed in 1603. The current bridge, designed by Tsumaki Yorinaka and constructed of stone on a steel frame, dates from 1911. The district covers a large area to the north and east of the bridge, reaching Akihabara to the north and the Sumida River to the east. Ōtemachi is to the west and Yaesu and Kyobashi to the south. Nihonbashi, together with Kyobashi and Kanda, is the core of Shitamachi, the original downtown center of Edo-Tokyo, before the rise of newer secondary centers such as Shinjuku and Shibuya. History The Nihonbashi district was a major mercantile center during the Edo period: its early development is largely credited to the Mitsui family, who based their wholesaling business in Nihonbashi and developed Japan's first department store, Mitsuk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subprime
In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty maintaining the repayment schedule. Historically, subprime borrowers were defined as having FICO scores below 600, although this threshold has varied over time. These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk. Many subprime loans were packaged into mortgage-backed securities (MBS) and ultimately defaulted, contributing to the financial crisis of 2007–2008.Lemke, Lins and Picard, ''Mortgage-Backed Securities'', Chapter 3 (Thomson West, 2013 ed.). Defining subprime risk The term ''subprime'' refers to the credit quality of particular borrowers, who have weakened credit histories and a greater risk of loan default than prime borrowers. As people become economically active, records are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meguro
is a special ward in Tokyo, Japan. The English translation of its Japanese self-designation is Meguro City. The ward was founded on March 15, 1947. Meguro is predominantly residential in character, but is also home to light industry, corporate head offices, the Komaba campus of University of Tokyo as well as fifteen foreign embassies and consulates. Residential neighborhoods include, Jiyugaoka, Kakinokizaka, and Nakameguro. As of May 1, 2015, the ward has an estimated population of 277,171 and a population density of 18,890 persons per km2. The total area is 14.67 km2. Meguro is also used to refer to the area around Meguro Station, which is not located in Meguro ward, but in neighboring Shinagawa's Kamiōsaki district. History The Higashiyama shell mound in the north of the ward contains remains from the paleolithic, Jōmon, Yayoi, and Kofun periods. The area now known as Meguro was formerly two towns, Meguro proper and Hibusuma, all parts of the former Ebara Dist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hibiya Park
Hibiya Park (日比谷公園 ''Hibiya Kōen'') is a park in Chiyoda City, Tokyo, Japan. It covers an area of 161,636.66 m2 (40 acres) between the east gardens of the Imperial Palace to the north, the Shinbashi district to the southeast and the Kasumigaseki government district to the west. History The land was occupied by the estates of the Mōri clan and Nabeshima clan during the Edo period, and it was used for army maneuvers during the Meiji period. It was converted to a park and opened to the public on June 1, 1903. On September 5, 1905, the park was the origin of the Hibiya riots, a major citywide riot that erupted in protest of the Treaty of Portsmouth which ended the Russo-Japanese War (1904−1905). The riots lasted two days resulting in seventeen people being killed and 331 arrested, as well a large amount of property damage. The riots were against the terms of the treaty, which were lenient to Russia, but also against bureaucrats who refused accept the will of the pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Agency (Japan)
The is a Japanese government agency and an integrated financial regulator responsible for overseeing banking, securities and exchange, and insurance sectors in order to ensure the stability of the financial system of Japan. The agency operates with a Commissioner and reports to the Minister of State for Financial Services. It oversees the Securities and Exchange Surveillance Commission and the Certified Public Accountants and Auditing Oversight Board. Its main office is located in Tokyo. History The FSA was established on July 1, 2000 by the merger of the Financial Supervisory Agency with the Financial System Planning Bureau, a bureau of the Ministry of Finance. The Financial Supervisory Agency had been established in 1998, amid severe instability in the Japanese financial system, to conduct concentrated inspections of Japanese financial institutions in coordination with the Bank of Japan. The FSA was under the supervision of the Financial Reconstruction Commission (FRC) unt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dai-Ichi Hotel
(第一) is a compound modifier phrase of Japanese origin, meaning ''number one'', or ''first''. In kanji, "dai" ("number") is 第Nakao, Seigo''Random House Japanese-English English-Japanese Dictionary'' via Google Books, p. 39. Retrieved 2011-03-18. and "ichi" ("one") is 一.Nakao, Seigo''Random House Japanese-English English-Japanese Dictionary'' via Google Books, p. 95. Retrieved 2011-03-18. "Dai" is also defined " ordinal number marker." It is this feature that makes the phrase a modifier, or an adjective, describing a noun, as ''first''. ''Number one'' functions in the same way. The phrase is also written without the hyphen, as daiichi. Dai-ichi is frequently used in proper names, hence capitalized; also Dai-Ichi and occasionally Dai Ichi. There is a sound-alike common first name with different spelling. :Uses include but are not limited to: *Fukushima Daiichi Nuclear Power Plant (or Fukushima Dai-ichi), a.k.a. Fukushima I Nuclear Power Plant (福島第一原子力発電 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SWIFT Code
ISO 9362 is an international standard for Business Identifier Codes (BIC), a unique identifier for business institutions, approved by the International Organization for Standardization (ISO). BIC is also known as SWIFT-BIC, SWIFT ID, or SWIFT code, after the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which is designated by ISO as the BIC registration authority. BIC was defined originally as Bank Identifier Code and is most often assigned to financial organizations; when it is assigned to non-financial organization, the code may also be known as Business Entity Identifier (BEI). These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. The overlapping issue between ISO 9362 and ISO 13616 is discussed in the article International Bank Account Number (also called IBAN). The SWIFT network does no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
