Resona president apologizes to shareholders for gov't bailout

Resona president apologizes to shareholders for gov't bailout

OSAKA, Japan - Resona Holdings Inc. President Kenji Kawada addresses a meeting of shareholders in Osaka's Chuo Ward on June 27. Kawada apologized to shareholders for the banking group's problems that that led it to request a government bailout of 1.96 trillion yen. Photo was taken from a monitoring television screen.

Resona eyes tie-up with foreign capital to help small firms

Resona eyes tie-up with foreign capital to help small firms

OSAKA, Japan - (From front to back) Resona Holdings Inc. President Kenji Kawada, Resona Holdings Chairman Eiji Hosoya, and Resona Bank President Masaaki Nomura speak at a news conference in Osaka on June 2. The new management of the troubled Resona group said it plans to rehabilitate small and midsize companies through various steps including a possible tie-up with foreign capital.

Resona applies for public funds, to cut jobs, expenses

Resona applies for public funds, to cut jobs, expenses

TOKYO, Japan - Resona Holdings Inc. President Kenji Kawada (L), Rsona Holdings Chairman Eiji Hohoya (C) and Resona Bank President Masaaki Nomura speak to reporters in Tokyo on May 30 after they applied for an injection of 1.96 trillion yen in public funds and presented a restructuring program to the government.

Resona president apologizes to shareholders for gov't bailout

Resona president apologizes to shareholders for gov't bailout

OSAKA, Japan - Resona Holdings Inc. President Kenji Kawada addresses a meeting of shareholders in Osaka's Chuo Ward on June 27. Kawada apologized to shareholders for the banking group's problems that that led it to request a government bailout of 1.96 trillion yen. Photo was taken from a monitoring television screen. (Kyodo)

Resona eyes tie-up with foreign capital to help small firms

Resona eyes tie-up with foreign capital to help small firms

OSAKA, Japan - (From front to back) Resona Holdings Inc. President Kenji Kawada, Resona Holdings Chairman Eiji Hosoya, and Resona Bank President Masaaki Nomura speak at a news conference in Osaka on June 2. The new management of the troubled Resona group said it plans to rehabilitate small and midsize companies through various steps including a possible tie-up with foreign capital. (Kyodo)

Resona applies for public funds, to cut jobs, expenses

Resona applies for public funds, to cut jobs, expenses

TOKYO, Japan - Resona Holdings Inc. President Kenji Kawada (L), Rsona Holdings Chairman Eiji Hohoya (C) and Resona Bank President Masaaki Nomura speak to reporters in Tokyo on May 30 after they applied for an injection of 1.96 trillion yen in public funds and presented a restructuring program to the government. (Kyodo)

(7)Resona Holdings to seek public funds

(7)Resona Holdings to seek public funds

TOKYO, Japan - An undated file photo shows Kenji Kawada, named as successor to Resona Holdings Inc. President Yasuhisa Katsuta, who on May 17 announced his intention to resign after Japan's fifth-largest banking group decided to seek a fresh injection of public funds for recapitalization. (Kyodo)