|
SBI 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. It results from the 2000 rebranding of the former Long-Term Credit Bank of Japan, under new ownership. History SBI Shinsei Bank is the successor of the Long-Term Credit Bank of Japan (LTCB), 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 playe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aozora Bank
is a Japanese commercial bank that offers service in 19 branches in Japan and in 2 overseas representative offices (as of July 2012). Originally based on the Japanese operations of the Bank of Chōsen, it was known from 1957 to 1977 as Nippon Fudosan Bank and from 1977 to 2001 as Nippon Credit Bank (NCB). History Nippon Fudosan Bank was founded in 1957 to manage the remaining assets of the Bank of Chōsen in Japan. It received a special government trust banking license similar to that of the Long-Term Credit Bank of Japan (LTCB), established in 1952. In 1977, it was renamed the Nippon Credit Bank. In December 1998, NCB was brought under government control in order to deal with its extraordinary amount of bad debt left over from the crash of the Japanese asset price bubble in the early 1990s: at the time, the bank was approximately ¥270 billion in debt. An investor group led by Softbank, Orix and Tokio Marine & Fire Insurance Co. purchased NCB in 2000 for ¥80 billion. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tokyo Star Bank
is a Japanese regional bank established on June 11, 2001 out of the reorganization of then bankrupt Tokyo Sowa Bank (founded in 1949 as Tokyo Shokusan Mujin - Mutual Loan Company) by Lone Star Funds. In 2014, the bank was purchased by Taiwan's CTBC Financial Holding, marking the first time a foreign lender had taken complete ownership of a Japanese bank. Products Star One This is a multipurpose deposit account for personal customers. Only a cash card is issued, unlike other more traditional banks which continue to utilize savings passbooks. In place of the passbook, the bank sends transaction reports monthly by post, as well as providing online banking services. Customers can take advantage of an ordinary savings account A savings account is a bank account at a retail banking, retail bank. Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn. Traditi ..., f ... [...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. It results from the 2000 rebranding of the former Long-Term Credit Bank of Japan, under new ownership. History SBI Shinsei Bank is the successor of the Long-Term Credit Bank of Japan (LTCB), 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 playe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nihombashi
is a business district of Chūō, Tokyo, Japan, which sprung up around the bridge of the same name that 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 and Yaesu are to the west 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, Mitsukosh ... [...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. During the early to mid-2000s, many subprime loans were packaged into mortgage-backed securities (MBS) and ultimately defaulted, contributing to the 2008 financial crisis.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 ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meguro
is a Special wards of Tokyo, special ward in the Tokyo, Tokyo Metropolis in 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, Meguro, Tokyo, 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, Shinagawa, Tokyo, 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 kno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hibiya Park
Hibiya Park (, ) is a park in Chiyoda, Tokyo, Japan. It covers an area of 161,636.66 m2 (40 acres) between the east gardens of the Kōkyo, Imperial Palace to the north, the Shinbashi district to the southeast and the Kasumigaseki government district to the west. History Originally an inlet of the sea ran northwards to a cove at present-day Hibiya and Kokyo Gaien National Garden, Kokyo Gaien plaza, into which the Kanda River flowed. During the rule of the shogun Tokugawa Hidetada, the river was diverted to flow into the Sumida River, with the spoil from the diversion used to reclaim the cove at Hibiya. The land was occupied by the estates of the Mōri clan and Nabeshima clan during the Edo period. 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, a protest at the park against the Treaty of Portsmouth, which ended the Russo-Japanese War (1904−1905), erupted into the Hibiya incendiar ... [...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) unti ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
