UPDATE 1-JC Flowers to sell $700 mln worth of shares in Shinsei Bank <!-- no image --> <div>* Was first Japanese lender to be owned by foreign investors (Adds details of deal, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ve9PHLOEun0:x7lzh0S3rUE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ve9PHLOEun0:x7lzh0S3rUE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=ve9PHLOEun0:x7lzh0S3rUE:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=ve9PHLOEun0:x7lzh0S3rUE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=ve9PHLOEun0:x7lzh0S3rUE:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/ve9PHLOEun0" height="1" width="1" alt=""></div> Posted by Reuters