Shinsei’s CEO sees consumer finance rebound (The Japan Times)
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Shinsei Bank Ltd. Chief Executive Officer Thierry Porte, whose firm is buying General Electric Co.’s Japan consumer finance business for $5.4 billion, said the industry is about to recover from its two-year slump. “I think we are arriving at the bottom, and we can expect to move from here,” Porte, 51, said Monday on Bloomberg Television. Read the full story
