Hong Kong investor in Peach Aviation now aims to 'disrupt' banks

First Eastern CEO Victor Chu plans foray into Japanese fintech

20181106 Victor L. L. Chu

First Eastern Investment Group’s Founding Chairman Victor L. L. Chu says he will remain as significant investor to the Japanese low-cost carrier. (Photo by Shihoko Nakaoka)

KENJI KAWASE, Nikkei Asian Review chief business news correspondent

TOKYO -- The newest target for Hong Kong-based private equity firm First Eastern Investment Group is virtual banking -- not on its home turf, but in Japan and Europe.

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