Consuming Appetite

Kelly, Tim
June 2008
Forbes Asia;6/2/2008, Vol. 4 Issue 10, p14
The article looks at the challenges ahead of president and chief executive officer of Shinsei Bank Ltd., Thierry Porté, to submit profit targets to financial overseers. It states that Japan's government by slashing the maximum interest rate has engineered the credit crunch that has left Shinsei winded. Porté informed that the bank will change the strategy in consumer finance. It also informs that he has gone back to some of the investors that in the year 2000 recreated Shinsei.


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