Japan Post Insurance shares sink to life-time low on sales misconduct
Shares in Japan Post Insurance Co
slumped more than 6% to a record low on Thursday,
wiping $1.1 billion off its market value in the last two days
over mismanagement of the firm’s insurance policies that
affected tens of thousands of customers.
slumped more than 6% to a record low on Thursday,
wiping $1.1 billion off its market value in the last two days
over mismanagement of the firm’s insurance policies that
affected tens of thousands of customers.
Posted by Reuters
