NCB President Homma dies of heart attack

NCB President Homma dies of heart attack

TOKYO, Japan - File photo shows Tadayo Homma, president of Nippon Credit Bank (NCB), who died of a heart attack Sept. 20 at the age of 60.

NCB begins operations under new owners

NCB begins operations under new owners

TOKYO, Japan - Nippon Credit Bank (NCB) opens Sept. 4 for its first official day of business under the ownership of a consortium led by Internet investor Softbank Corp., following 21 months of state control that ended Sept. 1. The new management is expected to adopt a plan to rename the institution Aozora Bank in January 2001. Aozora means ''blue sky'' in Japanese. Photo shows new NCB executives (from L to R) of Kokei Higuchi, president of Tokio Marine & Fire Insurance Co., Masayoshi Son, president of Softbank Corp., Tadayo Homma, a former executive director of the Bank of Japan, who is expected to become president of the new bank, and Yoshihiko Miyauchi, chairman of Orix Corp.

FRC inks accord to sell NCB to Softbank-led group

FRC inks accord to sell NCB to Softbank-led group

TOKYO, Japan - Tadayo Homma (L), next president of Nippon Credit Bank (NCB), joins hand with Shunsuke Takeda (2nd from L), vice president of leasing company Orix Corp., Softbank Corp. founder and President Masayoshi Son (3rd from L), and Tomochika Iwashita (R), managing director of Tokio Marine & Fire Insurance Co., at a Tokyo hotel on June 6 after the government's Financial Reconstruction Commission (FRC) and Deposit Insurance Corp. (DIC) signed a basic agreement earlier in the day to sell the nationalized NCB to the tripartite consortium led by Softbank.

NCB President Homma dies of heart attack

NCB President Homma dies of heart attack

TOKYO, Japan - File photo shows Tadayo Homma, president of Nippon Credit Bank (NCB), who died of a heart attack Sept. 20 at the age of 60.

Orix Credit Chairman Maruyama to head NCB

Orix Credit Chairman Maruyama to head NCB

TOKYO, Japan - Orix Credit Corp. Chairman Hiroshi Maruyama meets the press in Tokyo on Nov. 20 after Nippon Credit Bank (NCB) decides to name him as its new president, effective Dec. 5, filling the vacancy left by the suicide of former NCB head Tadayo Homma two months ago. Maruyama, 64, was also named as an adviser to NCB, effective Nov. 20.

NCB begins operations under new owners

NCB begins operations under new owners

TOKYO, Japan - Nippon Credit Bank (NCB) opens Sept. 4 for its first official day of business under the ownership of a consortium led by Internet investor Softbank Corp., following 21 months of state control that ended Sept. 1. The new management is expected to adopt a plan to rename the institution Aozora Bank in January 2001. Aozora means ''blue sky'' in Japanese. Photo shows new NCB executives (from L to R) of Kokei Higuchi, president of Tokio Marine & Fire Insurance Co., Masayoshi Son, president of Softbank Corp., Tadayo Homma, a former executive director of the Bank of Japan, who is expected to become president of the new bank, and Yoshihiko Miyauchi, chairman of Orix Corp.

FRC inks accord to sell NCB to Softbank-led group

FRC inks accord to sell NCB to Softbank-led group

TOKYO, Japan - Tadayo Homma (L), next president of Nippon Credit Bank (NCB), joins hand with Shunsuke Takeda (2nd from L), vice president of leasing company Orix Corp., Softbank Corp. founder and President Masayoshi Son (3rd from L), and Tomochika Iwashita (R), managing director of Tokio Marine & Fire Insurance Co., at a Tokyo hotel on June 6 after the government's Financial Reconstruction Commission (FRC) and Deposit Insurance Corp. (DIC) signed a basic agreement earlier in the day to sell the nationalized NCB to the tripartite consortium led by Softbank.