Japan banking: Flowers’ 20-year journey in and out of Shinsei

The purchase of Long-Term Credit Bank by JC Flowers and Ripplewood in 2000, creating Shinsei Bank, was a landmark for foreign participation in Japanese banking. Chris Flowers exited most of his holding this year and reflects on what he learned over two decades.

Japan-compactor-illo-box-780.jpg
JAPAN FOCUS

One of the most striking transactions in Japanese banking history took place in 2000 when a failed institution, Long-Term Credit Bank of Japan, was bought by two foreign private equity groups, JC Flowers and Ripplewood, making it the first Japanese lender ever to be owned by foreign investors.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access