{"id":3012,"date":"2019-03-04T12:24:11","date_gmt":"2019-03-04T20:24:11","guid":{"rendered":"https:\/\/dev.darsky.com\/dalton\/?p=3012"},"modified":"2025-04-30T13:15:56","modified_gmt":"2025-04-30T20:15:56","slug":"dalton-calls-massive-buybacks-board-seat-shinsei-bank","status":"publish","type":"post","link":"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/","title":{"rendered":"Bloomberg Reports that Dalton Calls for `Massive&#8217; Buybacks, Board Seat at Shinsei Bank"},"content":{"rendered":"<p><strong>February 18, 2019 <\/strong><\/p>\n<p>Bloomberg Reports that in a recent letter to Shinsei Bank, Dalton Investments has called on to add Dalton\u2019s co-founder, Jamie Rosenwald, to the company\u2019s board. Rosenwald has strong experience of investing in financial institutions and serving on boards.<\/p>\n<p>In addition, Dalton also renewed its call for the bank to carry out \u201cmassive\u201d buybacks and shift its compensation program toward the use of restricted shares for senior management and directors.<\/p>\n<p>Shinsei is the only major Japanese bank that hasn\u2019t repaid its banking-crisis bailout. According to Rosenwald, if these recommendations are put in place and \u201cif carried out with diligence,\u201d they \u201cwill cause the share price to rise substantially and allow the Japanese taxpayer to finally be repaid.\u201d<\/p>\n<p>Dalton intends to submit the recommendation to appoint Rosenwald to the board as a shareholder proposal for this year\u2019s Shinsei AGM, expected to be held in June, if Shinsei responds negatively to the initial letter which was sent.<\/p>\n<p>For the full article, please see <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-04\/dalton-calls-for-massive-buybacks-board-seat-at-shinsei-bank\">here<\/a>. For the letter, please see <a href=\"https:\/\/dev.darsky.com\/dalton\/wp-content\/uploads\/2019\/04\/Shinsei-Bank-Shareholder-Proposal-Letter_Feb-2019.pdf\">here<\/a>.<\/p>\n<p>Dalton Investments LLC is a value-focused investment management firm with expertise in Asia equities, global equities and fixed income. Headquartered in Los Angeles, with a subsidiary office in Tokyo, Dalton manages $3.6 billion (January 31, 2019) in actively managed long-only and long\/short strategies for pensions, endowments, foundations, financial institutions and family offices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>February 18, 2019 Bloomberg Reports that in a recent letter to Shinsei Bank, Dalton Investments has called on to add Dalton\u2019s co-founder, Jamie Rosenwald, to the company\u2019s board. Rosenwald has strong experience of investing in financial institutions and serving on \u2026<br \/><a class=\"read-more\" href=\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/\">read more &gt;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[27,16],"tags":[],"class_list":["post-3012","post","type-post","status-publish","format-standard","hentry","category-dalton-actions","category-dalton-in-the-news","wpautop"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bloomberg Reports that Dalton Calls for `Massive&#039; Buybacks, Board Seat at Shinsei Bank - Dalton Investments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberg Reports that Dalton Calls for `Massive&#039; Buybacks, Board Seat at Shinsei Bank - Dalton Investments\" \/>\n<meta property=\"og:description\" content=\"February 18, 2019 Bloomberg Reports that in a recent letter to Shinsei Bank, Dalton Investments has called on to add Dalton\u2019s co-founder, Jamie Rosenwald, to the company\u2019s board. Rosenwald has strong experience of investing in financial institutions and serving on \u2026read more &gt;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"Dalton Investments\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-04T20:24:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-30T20:15:56+00:00\" \/>\n<meta name=\"author\" content=\"Michael Caroff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael Caroff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/\",\"url\":\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/\",\"name\":\"Bloomberg Reports that Dalton Calls for `Massive' Buybacks, Board Seat at Shinsei Bank - Dalton Investments\",\"isPartOf\":{\"@id\":\"https:\/\/dev.darsky.com\/dalton\/#website\"},\"datePublished\":\"2019-03-04T20:24:11+00:00\",\"dateModified\":\"2025-04-30T20:15:56+00:00\",\"author\":{\"@id\":\"https:\/\/dev.darsky.com\/dalton\/#\/schema\/person\/7cd5842f2361b709d526b3ca097af100\"},\"breadcrumb\":{\"@id\":\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dev.darsky.com\/dalton\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bloomberg Reports that Dalton Calls for `Massive&#8217; Buybacks, Board Seat at Shinsei Bank\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dev.darsky.com\/dalton\/#website\",\"url\":\"https:\/\/dev.darsky.com\/dalton\/\",\"name\":\"Dalton Investments\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dev.darsky.com\/dalton\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/dev.darsky.com\/dalton\/#\/schema\/person\/7cd5842f2361b709d526b3ca097af100\",\"name\":\"Michael Caroff\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dev.darsky.com\/dalton\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d091b13cfcd164d9ad3bbc7c6bf347b6345eaf12567daee32fa9f19cca173b86?s=96&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d091b13cfcd164d9ad3bbc7c6bf347b6345eaf12567daee32fa9f19cca173b86?s=96&r=g\",\"caption\":\"Michael Caroff\"},\"sameAs\":[\"http:\/\/caroff.com\"],\"url\":\"https:\/\/dev.darsky.com\/dalton\/author\/caroff\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bloomberg Reports that Dalton Calls for `Massive' Buybacks, Board Seat at Shinsei Bank - Dalton Investments","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/","og_locale":"en_US","og_type":"article","og_title":"Bloomberg Reports that Dalton Calls for `Massive' Buybacks, Board Seat at Shinsei Bank - Dalton Investments","og_description":"February 18, 2019 Bloomberg Reports that in a recent letter to Shinsei Bank, Dalton Investments has called on to add Dalton\u2019s co-founder, Jamie Rosenwald, to the company\u2019s board. Rosenwald has strong experience of investing in financial institutions and serving on \u2026read more &gt;","og_url":"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/","og_site_name":"Dalton Investments","article_published_time":"2019-03-04T20:24:11+00:00","article_modified_time":"2025-04-30T20:15:56+00:00","author":"Michael Caroff","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Michael Caroff","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/","url":"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/","name":"Bloomberg Reports that Dalton Calls for `Massive' Buybacks, Board Seat at Shinsei Bank - Dalton Investments","isPartOf":{"@id":"https:\/\/dev.darsky.com\/dalton\/#website"},"datePublished":"2019-03-04T20:24:11+00:00","dateModified":"2025-04-30T20:15:56+00:00","author":{"@id":"https:\/\/dev.darsky.com\/dalton\/#\/schema\/person\/7cd5842f2361b709d526b3ca097af100"},"breadcrumb":{"@id":"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dev.darsky.com\/dalton\/dalton-calls-massive-buybacks-board-seat-shinsei-bank\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dev.darsky.com\/dalton\/"},{"@type":"ListItem","position":2,"name":"Bloomberg Reports that Dalton Calls for `Massive&#8217; Buybacks, Board Seat at Shinsei Bank"}]},{"@type":"WebSite","@id":"https:\/\/dev.darsky.com\/dalton\/#website","url":"https:\/\/dev.darsky.com\/dalton\/","name":"Dalton Investments","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dev.darsky.com\/dalton\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/dev.darsky.com\/dalton\/#\/schema\/person\/7cd5842f2361b709d526b3ca097af100","name":"Michael Caroff","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dev.darsky.com\/dalton\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d091b13cfcd164d9ad3bbc7c6bf347b6345eaf12567daee32fa9f19cca173b86?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d091b13cfcd164d9ad3bbc7c6bf347b6345eaf12567daee32fa9f19cca173b86?s=96&r=g","caption":"Michael Caroff"},"sameAs":["http:\/\/caroff.com"],"url":"https:\/\/dev.darsky.com\/dalton\/author\/caroff\/"}]}},"_links":{"self":[{"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/posts\/3012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/comments?post=3012"}],"version-history":[{"count":0,"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/posts\/3012\/revisions"}],"wp:attachment":[{"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/media?parent=3012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/categories?post=3012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.darsky.com\/dalton\/wp-json\/wp\/v2\/tags?post=3012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}