Seven Bank debuts on Jasdaq

Seven Bank debuts on Jasdaq

TOKYO, Japan - Seven Bank President Takashi Anzai (R), along with Jasdaq President Takashi Tsutsui, shows off a certificate on the bank's listing on the Jasdaq Securities Exchange for emerging companies in Tokyo on Feb. 29.

IY Bank to change name to Seven Bank

IY Bank to change name to Seven Bank

TOKYO, Japan - Takashi Anzai, president of IY Bank, a branch-free bank belonging to the Ito-Yokado Co. retail group, tells reporters at the Bank of Japan's head office in Tokyo on June 3 that the bank will change its name to Seven Bank on Oct. 11.

IYBank opens for business, launches 24-hour ATM services

IYBank opens for business, launches 24-hour ATM services

TOKYO, Japan - IYBank President Takashi Anzai shows off bank cards at the bank's head office in central Tokyo on May 15. The branch-free bank, created by major retailer Ito-Yokado Co. and convenience-store subsidiary Seven-Eleven Japan Co., opened for business the same day, offering 24-hour automated teller machine services.

Ito-Yokado's IYBank to begin operations May 7

Ito-Yokado's IYBank to begin operations May 7

TOKYO, Japan - Takashi Anzai (L), president of IYBank, and Toshifumi Suzuki, president of Ito-Yokado Co., show off bank cards in front of automated teller machines (ATMs) at a hotel in Tokyo on May 1. Anzai said IYBank, the new bank created by major retailer Ito-Yokado Co. and its convenience store subsidiary Seven-Eleven Japan Co., will begin operations May 7. IYBank plans to have ATMs installed at 3,650 outlets of Ito-Yokado and Seven-Eleven Japan nationwide by the end of its first year of business.

LTCB files complaint against former execs

LTCB files complaint against former execs

Takashi Anzai, president of the failed Long-Term Credit Bank of Japan (LTCB), speaks at a news conference in Tokyo on June 4 after filing a criminal complaint against former executives, accusing them of window dressing the bank's balance sheets.

LTCB put under state control

LTCB put under state control

Takashi Anzai, new president of the Long-Term Credit Bank of Japan (LTCB), speaks at a news conference in Tokyo on Wednesday Nov. 4. The ailing LTCB began operating as a nationalized bank under new management in a first step toward disposing of its bad loans under banking legislation enacted last month.

IY Bank to change name to Seven Bank

IY Bank to change name to Seven Bank

TOKYO, Japan - Takashi Anzai, president of IY Bank, a branch-free bank belonging to the Ito-Yokado Co. retail group, tells reporters at the Bank of Japan's head office in Tokyo on June 3 that the bank will change its name to Seven Bank on Oct. 11. (Kyodo)

Seven Bank debuts on Jasdaq

Seven Bank debuts on Jasdaq

TOKYO, Japan - Seven Bank President Takashi Anzai (R), along with Jasdaq President Takashi Tsutsui, shows off a certificate on the bank's listing on the Jasdaq Securities Exchange for emerging companies in Tokyo on Feb. 29. (Kyodo)

IYBank opens for business, launches 24-hour ATM services

IYBank opens for business, launches 24-hour ATM services

TOKYO, Japan - IYBank President Takashi Anzai shows off bank cards at the bank's head office in central Tokyo on May 15. The branch-free bank, created by major retailer Ito-Yokado Co. and convenience-store subsidiary Seven-Eleven Japan Co., opened for business the same day, offering 24-hour automated teller machine services.

Ito-Yokado's IYBank to begin operations May 7

Ito-Yokado's IYBank to begin operations May 7

TOKYO, Japan - Takashi Anzai (L), president of IYBank, and Toshifumi Suzuki, president of Ito-Yokado Co., show off bank cards in front of automated teller machines (ATMs) at a hotel in Tokyo on May 1. Anzai said IYBank, the new bank created by major retailer Ito-Yokado Co. and its convenience store subsidiary Seven-Eleven Japan Co., will begin operations May 7. IYBank plans to have ATMs installed at 3,650 outlets of Ito-Yokado and Seven-Eleven Japan nationwide by the end of its first year of business.

New LTCB to open as FRC approves agreement

New LTCB to open as FRC approves agreement

TOKYO, Japan - The Financial Reconstruction Commission on Feb. 9 approved the final agreement on the sale of the nationalized Long-Term Credit Bank of Japan (LTCB) to an international consortium led by U.S. fund Ripplewood Holdings LLC. The new LTCB begins operations March 2. Among the signatories to the agreement were Masamoto Yashiro (third from R), as representative of New LTCB Partners, LTCB President Takashi Anzai (second from L), Noboru Matsuda (third from L), governor of Deposit Insurance Corp. (DIC), which owns LTCB's 2.4 billion common shares, Ripplewood founder Timothy Collins (second from R), and Christopher Flowers (R), former head of the Goldman Sachs Financial Institutions Group. At left is Keiji Matsuda, deputy governor of DIC.

LTCB files complaint against former execs

LTCB files complaint against former execs

Takashi Anzai, president of the failed Long-Term Credit Bank of Japan (LTCB), speaks at a news conference in Tokyo on June 4 after filing a criminal complaint against former executives, accusing them of window dressing the bank's balance sheets.

LTCB put under state control

LTCB put under state control

Takashi Anzai, new president of the Long-Term Credit Bank of Japan (LTCB), speaks at a news conference in Tokyo on Wednesday Nov. 4. The ailing LTCB began operating as a nationalized bank under new management in a first step toward disposing of its bad loans under banking legislation enacted last month. ==Kyodo