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Financial News

Friday July 11, 12:11 PM

 

 

Japan's Shinsei Bank agreed to buy US giant General Electric's Japanese consumer finance arm

By Stan Honda

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Japan's Shinsei Bank said it had agreed to buy US giant General Electric's Japanese consumer finance arm for 580 billion yen (5.4 billion dollars) in a major push into the troubled sector. Japan's Shinsei Bank said it had agreed to buy US giant General Electric's Japanese consumer finance arm for 580 billion yen (5.4 billion dollars) in a major push into the troubled sector.


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