Latest News for: smfg

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Japan's SMFG to buy 5% of Jefferies for $380 mln -sources

Reuters 14 Jul 2021
Under the planned deal, SMFG would also be able to lend to Jefferies' customers in the United States, according to the sources who declined to be identified as the information has not been made public. The move is part of SMFG's effort to create a foothold in the United States where its unit SMBC Nikko Securities has a small presence.
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Japan’s SMFG nears $2-billion deal for Fullerton India

Business Line 06 Jul 2021
Sumitomo Mitsui Financial Group Inc said it will buy a 74.9 per cent stake in Fullerton India Credit Co, marking the first entry into India’s retail financial business by a Japanese bank ... Citigroup to exit consumer banking operations in India, 12 other markets. ICICI Bank signs MoU with MUFG Bank ... ....
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Japan's SMFG to buy 74.9% stake in Fullerton India for $2 billion

Live Mint 06 Jul 2021
Sumitomo Mitsui Financial Group Inc, Japan's second largest lender by assets, said on Tuesday it would buy a 74.9% stake in Fullerton India for $2 billion, as the bank expands its business elsewhere in Asia amid low interest rates at home, marking the first entry into the South Asian country’s retail financial business by a Japanese bank ... .
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Japan's SMFG buying 74.9% stake in Fullerton India for $2.7b

Straits Times 06 Jul 2021
TOKYOSumitomo Mitsui Financial Group (SMFG), Japan's second-largest lender by assets, said yesterday that it would buy a 74.9 per cent stake in Fullerton India for US$2 billion (S$2.7 billion), marking the first major foray by a Japanese bank into India during recent times.
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Japan's SMFG to buy 74.9% stake in Fullerton India for US$2b

Straits Times 06 Jul 2021
Given a slow-growing domestic market, Japanese banks including SMFG have sought business opportunity outside the country, which faces an ageing and shrinking population ... "India is one of our focus markets where we believe in its high growth potential and want to build a deeper presence," Mr Jun Ohta, President & Group CEO of SMFG added.
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Japan's SMFG to buy 74.9% stake in Fullerton India for $2 bln

Reuters 06 Jul 2021
Given a slow-growing domestic market, Japanese banks including SMFG have sought business opportunity outside the country, which faces an ageing and shrinking population ... "India is one of our focus markets where we believe in its high growth potential and want to build a deeper presence," Jun Ohta, President & Group CEO of SMFG added.
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SMFG’s Views on ISS Recommendation Against Proposal No. 3 at 19th Ordinary General Meeting of Shareholders (155KB) (5pages) (Sumitomo Mitsui Financial Group Inc)

Public Technologies 11 Jun 2021
SMFG's Views on ISS Recommendation Against Proposal No ... ("SMFG") understands that proxy advisory firm Institutional Shareholder Services Inc ... SMFG explained the Proposal in a release titled "Supplementary Information on Proposal No ... SMFG will supplement that release in what follows ... ("SMFG") provides the following views.
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Fixed Income Investor Presentation by SMFG (3,254KB) (Sumitomo Mitsui Financial Group Inc)

Public Technologies 31 May 2021
). Fixed Income Investor Presentation. May 2021. Unless otherwise indicated, the financial figures for SMFG and SMBC included in this presentation are prepared in accordance with generally accepted accounting principles in Japan, or Japanese GAAP. Copyright © 2021 Sumitomo Mitsui Financial Group. All Rights Reserved ... Definitions ... SMFG ... SMFG consolidated ... 1.
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FinanceJapan's SMFG posts 15.2% drop in Q4 net profit

Reuters 14 May 2021
Sumitomo Mitsui Financial Group Inc (8316.T) (SMFG), Japan's second-largest lender by assets, reported ...
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Japan’s SMFG likely to halt all new lending to coal-powered plants, sources say

Metro USA 03 Mar 2021
While SMFG has said it would not finance new coal-fired power plants in principle, up until now it hasn’t ruled out funding projects seen as more environmentally friendly, such as so-called ... A spokesman for SMFG said nothing had been decided.
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