Sumitomo Mitsui Financial Group, Inc. (SMFG) regrets to announce that Jun Ohta, Director President (Representative Executive Officer) and Group CEO of SMFG, passed away and stepped down from his position on Nov. 25,2023, at the age of 65.Due to this...
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November 27, 2023, 07:18 AM
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Jefferies Financial Group and Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking Corporation, SMBC Nikko Securities Inc., and SMBC Nikko Securities America Inc. (collectively, “SMBC Group”) have expanded their strategic alliance to collaborate...
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April 28, 2023, 07:00 AM
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Sumitomo Mitsui Financial Group, Inc. (SMFG) announced it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank will launch and operate as a new division of Manufacturers Bank, a California state-chartered...
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August 25, 2022, 07:11 AM
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According to a Dow Jones Business News report on NASDAQ, Sumitomo Mitsui Financial Group is set to enter exclusive talks to buy GE's Japan leasing business, a person familiar with the matter said Friday. SMFG's offer values the business at more than...
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November 13, 2015, 07:09 AM
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GE announced that Sumitomo Mitsui Banking Corporation Europe Limited (SMBCE), a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) has made an agreed offer to acquire GE’s European Sponsor Finance business for approximately US$2.2...
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June 30, 2015, 07:10 AM
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The Wall Street Journal reported Sumitomo Mitsui Financial Group (SMFG) is interested in General Electric's U.S. railway-leasing business, according to people familiar with the matter. According to The Wall Street Journal report, GE Capital Rail...
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June 23, 2015, 07:15 AM
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Sumitomo Mitsui Finance and Leasing Company Limited (SMFL) has gone live with SunGard’s Ambit Asset Finance solution to support their service extension to clients in the US.With more Japanese firms expanding their international presence, SMFL’s move...
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October 24, 2014, 06:40 AM
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Sumitomo Mitsui Finance and Leasing Company (“SMFL”) announced it will open its U.S. business in New York on October 1, 2014. With a starting staff of 25 professionals and housed in the world’s 16th largest bank, SMFL has its’ sights set on the U.S....
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September 23, 2014, 07:03 AM
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After being rigged by some of the world’s biggest financial institutions, the London interbank offered rate, the benchmark for more than $300 trillion of securities and loans, is now increasingly being set by a smaller group of banks.Bank of America...
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October 08, 2012, 07:32 AM
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