SBI Holdings denies Nikkei report of plans to apply for a bank holding company

FILE PHOTO: The Shinsei Bank logo is pictured at the lobby of the bank in Tokyo, Oct. 22, 2010. REUTERS/Yuriko Nakao
FILE PHOTO: The Shinsei Bank logo is pictured at the lobby of the bank in Tokyo, Oct. 22, 2010. REUTERS/Yuriko Nakao

TOKYO (Reuters) - SBI Holdings on Friday denied a Nikkei report that said it was planning to apply for a bank holding company by year-end, the company said in a statement.

The statement denies reports by Nikkei published Thursday saying SBI Holdings is planning to form a bank holding company by year-end at the earliest as it seeks a majority stake in Shinsei Bank.

(Reporting by Sakura Murakami; editing by Diane Craft)

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