Japans top banks to jointly issue stablecoin, Nikkei says
Japans three largest banks, Mitsubishi UFJ Financial Group , Sumitomo Mitsui Financial Group and Mizuho Financial Group , will jointly…
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Die SMBC Group und Jefferies erweitern ihre globale strategische Allianz signifikant
NEW YORK UND TOKIO--(BUSINESS WIRE)--Die Jefferies Financial Group, Inc. (NYSE: JEF) („Jefferies“) und die Sumitomo Mitsui Financial Group, Inc. (NYSE:…
Jefferies Gains on SMFGs Plan to Deepen Stake & Partnership
JEF stock jumps after Sumitomo Mitsui Financial moves to boost its stake and deepen its cross-border banking partnership.…
SMFG Said to Eye $1.1 Billion Additional Deal for Yes Bank
Sumitomo Mitsui Financial Group Inc. is considering making an additional $1.1 billion investment in Indian lender Yes Bank Ltd., people…
SMFG, SBI to Start Wealth Management Joint Venture in Japan
Sumitomo Mitsui Financial Group Inc. and SBI Holdings Inc. plan to jointly provide wealth management services for well-to-do customers in…
Japan’s SMBC to Buy 13.2% Stake in India’s Yes Bank For $1 Billion
Sumitomo Mitsui Financial Group Inc.’s banking unit agreed to buy a 20% stake in Indian lender Yes Bank Ltd. for…
Japan’s Megabanks to Remain Buoyed by BOJ’s Long Game to Hike Rates
Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. will detail how much the…
Sumitomo Mitsui Eyes Deepening Jefferies Tieup in Global Push
Sumitomo Mitsui Financial Group Inc. is looking to expand its alliance with Jefferies Financial Group Inc., possibly working together in…
DBS, Top Japanese Lenders Said to Be Bidders for Panin Bank
Asian banks including DBS Group Holdings Ltd., Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. are among…
Japans MUFG, SMFG to more than $8.5 bln of Toyota shares, Bloomberg reports
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group are considering selling 1.32 trillion yen ($8.5 billion) worth of strategic…
Mitsubishi, Sumitomo Mitsui Banks to Divest $8.5 Billion in Toyota Shareholdings
Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. will start divesting ¥1.32 trillion ($8.5 billion) worth of…
Sumitomo Mitsui Weighs Broader Expansion in India’s Low-Tax Hub
Sumitomo Mitsui Financial Group Inc. is hiring for its planned outpost in India’s low-tax hub, joining a cluster of global…
Japan’s Biggest Banks Forecast Record Profits
Japan’s biggest lenders — Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. —…
Jefferies, Japan’s Sumitomo Mitsui Expand Alliance to Canada
Sumitomo Mitsui Financial Group Inc., one of Japan’s largest banks, is deepening an alliance with Jefferies Financial Group Inc., with…