Financial Times FT.com

Shinsei secures its place in the spotlight

By Michiyo Nakamoto

Published: July 16 2008 03:02 | Last updated: July 16 2008 03:02

It may not be the best-performing bank, but Shinsei Bank definitely knows how to draw public attention.

The mid-tier Japanese bank, which is about a third owned by JC Flowers and Co, made headlines last week with its acquisition of GE’s consumer finance businesses for an eye-catching Y580bn ($5.5bn).

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