Tokyo Tomin, Yachiyo banks

TOKYO, Japan - Akihiro Kakizaki (L), president of Tokyo Tomin Bank, shakes hands with Isao Sakai, president of Yachiyo Bank, in Tokyo on May 2, 2014. The two banks, which plan to merge, said the same day that Kakizaki has been appointed president and Sakai chairman of their new holding company, Tokyo TY Financial Group Inc., which will be established Oct. 1.