Prospect Asset Management Submits Shareholder Proposal to The Daito Bank
July 26, 2018 at 12:00 am EDT
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On July 26, 2018, Prospect Asset Management, Inc. announced that it has submitted a notification with the purpose of performing important proposal actions according to net investment and circumstances.
Daito Bank Ltd is a Japan-based company mainly engaged in the banking business and other businesses related to financial services such as credit card business, leasing business and credit guarantee business. The Banking Business segment is engaged in deposits, loans, securities investment, domestic exchange, foreign exchange, securities investment trusts, and over-the-counter sales of insurance products. The Leasing Business segment is engaged in finance leases and other businesses. The other businesses include credit guarantee services for customers using mortgage loans, etc., and credit card services that provide credit for consumption activities using cards and act as settlement agents.