Resona Holdings
Resona Holdings, Inc. (Japanese株式会社 りそな ホールディングス, Kabushiki - gaisha Risona Hōrudingusu ) is a Japanese company based in Tokyo and Osaka. The company is listed on the Nikkei 225 equity index. The company is at the forefront of the resonators Group, the fourth largest banking group in Japan.
Resona Holdings was founded on 12 December 2001 as Daiwa Bank Holdings, Inc. as a result of the consolidation of the company Daiwa Bank, Kinki Osaka Bank and Nara Bank. Following the acquisition of Asahi Bank on March 1, 2002, the company in Resona Holdings, Inc. was renamed on 1 October 2002.
In early 2003, the company got into liquidity problems. These problems shook the country in Japan 's financial system. On 17 May 2003, the Japanese government decided the resonators Group to help financially, effectively led to the nationalization of the company. The Japanese government became a major shareholder in Resona Holdings. The former Executive management of the company was dismissed.
In 1995, the Daiwa Bank had a financial scandal, as the financial agent Toshihide Iguchi approximately $ 1.1 billion lost by financial speculation.
Subsidiaries
- Resona Bank, Ltd..
- Saitama Resona Bank, Ltd..
- The Kinki Osaka Bank, Ltd..
- Resona Trust & Banking Co., Ltd..