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Concordia Financial Group Ltd (7186.T)

7186.T on Tokyo Stock Exchange

530JPY
15 Aug 2018
Change (% chg)

¥-9 (-1.67%)
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7186.T

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Japan's financial watchdog to discipline Concordia regional bank unit -source

TOKYO, July 13 Japan's Financial Services Agency is set to issue business improvement orders against a subsidiary unit of Concordia Financial Group Ltd over illicit commissions and other breaches, a government source with direct knowledge of the matter said.

BRIEF-Concordia Financial Group says change of president

* Says it appoints Kenichi Kawamura as new president, to succeed Tatsumaro Terazawa, effective June

BRIEF-R&I affirms Concordia Financial Group's rating at "A+" and announces outlook stable -R&I

* Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I

BRIEF- Concordia Financial Group to retire treasury shares

* Says it will retire 23 million shares (1.8 percent of outstanding) of its common stock on March 9

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