New Zealand: Major Fire Tears Through Former Boat Factory in Glendene, Auckland

A major fire broke out at a vacant warehouse on Culperry Road in Glendene, West Auckland, on Tuesday, April 28, sending thick black smoke over the city. More than 14 fire crews responded, containing the blaze by around 10:40am. The building, a former boat factory, was declared a total loss.

Shinsei Bank to buy consumer finance arm from GE

Shinsei Bank to buy consumer finance arm from GE

TOKYO, Japan - Shinsei Bank President Thierry Porte speaks at a news conference at the bank's head office in Tokyo on July 11. The bank said it will acquire GE Consumer Finance Co., a Tokyo-based financial arm of General Electric Co. of the United States for 580 billion yen to beef up its hard-hit consumer finance operations. GE Consumer Finance operates the Lake brand consumer finance business as well as credit card and mortgage businesses.

Shinsei Bank's next president meets press

Shinsei Bank's next president meets press

TOKYO, Japan - Shinsei Bank Vice Chairman Thierry Porte, who will become its new president in June next year, holds a news conference at the Bank of Japan's head office in Tokyo on Dec. 6. Porte will succeed Masamoto Yashiro.

Shinsei Bank to buy consumer finance arm from GE

Shinsei Bank to buy consumer finance arm from GE

TOKYO, Japan - Shinsei Bank President Thierry Porte speaks at a news conference at the bank's head office in Tokyo on July 11. The bank said it will acquire GE Consumer Finance Co., a Tokyo-based financial arm of General Electric Co. of the United States for 580 billion yen to beef up its hard-hit consumer finance operations. GE Consumer Finance operates the Lake brand consumer finance business as well as credit card and mortgage businesses. (Kyodo)

Shinsei Bank's next president meets press

Shinsei Bank's next president meets press

TOKYO, Japan - Shinsei Bank Vice Chairman Thierry Porte, who will become its new president in June next year, holds a news conference at the Bank of Japan's head office in Tokyo on Dec. 6. Porte will succeed Masamoto Yashiro. (Kyodo)