SBI Shinsei Bank Said to Target ¥400 Billion in Tokyo IPO

SBI Shinsei Bank Ltd.’s initial public offering is aiming to sell as much as ¥400 billion ($2.6 billion) of shares in what could be one of the largest listings in...

By Yasutaka Tamura, Dave Sebastian · Bloomberg Markets

SBI Shinsei Bank Ltd.’s initial public offering is aiming to sell as much as ¥400 billion ($2.6 billion) of shares in what could be one of the largest listings in Japan this year.