Hints and tips:
...Sumitomo Mitsui Banking Corporation is planning to triple its stake in US investment bank Jefferies Financial Group, deepening ties between the Wall Street and Tokyo banks in an effort to compete with larger...
...Jun Ohta, the chief executive of Sumitomo Mitsui Financial Group and the driving force behind the bank’s recent wave of expansion in the US and south-east Asia, has died at the age of 65....
...He bought equal stakes of 5 per cent in the big five trading companies, which also include Mitsui & Co, Sumitomo and Marubeni. He has bulked up these positions in the last year....
...The quintet consists of Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial, Sumitomo Mitsui Trust and Resona....
...Thorpe has been at Goldman Sachs where he was head of healthcare investment banking in the Emea region....
...Sumitomo Mitsui Banking Corporation has named Clarke Adams as head of high-yield capital markets and Matt Burke as head of leveraged finance origination....
...Mitsui Banking Corporation has a partnership with Jefferies Financial Group....
...While regulators scour the balance sheets of regional banks, shares in Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group have risen about 40 per cent this year on...
...Mizuho, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group are among the pilgrims....
...“Mizuho and Sumitomo Mitsui have made some progress on their coal mining target-setting and policy to restrict finance for thermal coal mining projects,” Watanabe said....
...Japan’s Sumitomo Mitsui Financial Group has announced plans to triple its stake in Jefferies to 15 per cent....
...Hirofumi Suzuki, chief foreign exchange strategist at Sumitomo Mitsui Banking, said if the yen continued to weaken, last year’s low of ¥152 could be in sight....
...Shares in Japan’s three major banking groups — Mitsubishi UFJ Financial Group, Mizuho and Sumitomo Mitsui Financial Group — all logged small gains from the open, with traders saying that investor concerns...
...Japan’s second-largest bank, Sumitomo Mitsui Financial Group, is reportedly staffing up. For redundant bankers, it may be a case of any port in a storm. Investors in SMFG should be more sceptical....
...Mitsui Financial Group HY, Toshiba Q2, Vodafone HY, Wise HY Wednesday Rupert Murdoch steps down as News Corp chair following today’s annual shareholders meeting, becoming chairman emeritus The UK’s Supreme...
...The transaction will be funded by a $7bn financing commitment provided by Sumitomo Mitsui Banking Corporation....
...The deal continues a pattern of Japan’s three largest lenders — Mizuho, MUFG and Sumitomo Mitsui Financial Group — fortifying their investment banking capabilities....
...A month earlier, Sumitomo Mitsui Financial Group said it would raise its stake in the US investment bank Jefferies to 15 per cent and combine forces on their M&A businesses....
...The fund manager, a sister company of Japan’s Sumitomo Mitsui Trust Bank, has $572bn under management making it one of the largest fund managers in Asia....
...In March 2003, Sumitomo Mitsui Financial Group conducted a panicky reverse merger with a subsidiary amid huge losses....
...Its main lender was Sumitomo Mitsui Financial Group, whose brokerage arm SMBC Nikko later underwrote ispace’s IPO, while MS&AD Insurance Group, another investor, provided “the world’s first lunar mission...
...Its biggest local rivals including Sumitomo Mitsui Financial and Mitsubishi UFJ Financial Group are just as behind in the digital shift. Locals still mostly stick to cash rather than online banking....
...Adani Green raised $750mn in green bonds last year and in December announced a $200mn yen-denominated refinancing facility with MUFG Bank and Sumitomo Mitsui Banking Corporation acting as principal lenders...
...Shares trade at just over 0.5 times tangible book value, a premium to local peer Sumitomo Mitsui Financial Group, which posted earnings growth beating expectations in the same quarter....
...Local peers Sumitomo Mitsui Financial Group and Mizuho already get more than a third of their earnings from overseas businesses. This results from necessity rather than choice....
International Edition