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Takako Taniguchi
Japan Times
BUSINESS
Apr 17, 2009
Shinsei to swing ax at ex-GE financing unit
Shinsei Bank Ltd. plans to cut "hundreds" of jobs at the consumer lending unit it bought from General Electric Co. last year as the industry contracts, the head of the division said Thursday.
BUSINESS
Apr 11, 2009
SMFG's woes bad sign for banks
Sumitomo Mitsui Financial Group Inc.'s unexpected $3.9 billion loss and plans to seek capital are adding to evidence that Japan's biggest banks may struggle to weather the deepening recession.

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