Sumitomo Mitsui Banking is starting a bond distribution desk and a securitization business in Brazil as part of an expansion plan to become a meaningful player in the nation’s booming local debt capital markets. https://www.japantimes.co.jp/business/2025/04/08/companies/smbc-brazil-expansion/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #banks #brazil

Sumitomo Mitsui Banking is tapping Fujitsu’s artificial intelligence models to bolster its advisory services for customers grappling with rising wages and materials costs. https://www.japantimes.co.jp/business/2025/04/03/companies/smbc-fujitsu-ai/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #fujitsu #ai #banks #wages

The veteran head of markets at one of Japan’s largest banks sees the potential for the central bank to raise benchmark interest rates to a three-decade high of 2% if economic trends persist. https://www.japantimes.co.jp/business/2025/03/25/companies/sumitomo-mitsui-boj-rate-prediction/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #boj #inflation #kazuoueda #japaneseeconomy

Sumitomo Mitsui Financial Group will leave the banking industry’s main climate-finance alliance, the first major Japanese lender to join an exodus led by institutions from Wall Street and Canada. https://www.japantimes.co.jp/business/2025/03/04/companies/sumitomo-mitsui-climate-group-exit/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #banks #climatechange

A former Sumitomo Mitsui Trust Bank division manager dismissed for insider trading is suspected of committing the illegal practice at least since he was in a deputy post in 2022, sources say. https://www.japantimes.co.jp/news/2025/02/06/japan/crime-legal/sumitomo-mitsui-insider/?utm_medium=Social&utm_source=mastodon #japan #crimelegal #sumitomomitsui #corruption #banks #sesc #japanesecourts

Mitsubishi UFJ Financial Group’s profit jumped in the third quarter, beating estimates and wrapping up a strong earnings season by Japan’s biggest banks. https://www.japantimes.co.jp/business/2025/02/04/companies/mufg-profit-up/?utm_medium=Social&utm_source=mastodon #business #companies #mufg #banks #mizuho #sumitomomitsui

Sumitomo Mitsui Financial Group’s profit rose more than analysts estimated in the fiscal third quarter, as the Bank of Japan’s interest-rate hikes put it on track to deliver record annual earnings. https://www.japantimes.co.jp/business/2025/01/30/sumitomo-mitsui-earnings/?utm_medium=Social&utm_source=mastodon #business #sumitomomitsui #banks #boj

Japan’s megabanks are awash in cash and eager to invest. Even as they reward shareholders with buybacks and higher dividends, they are determined to fund overseas expansion. https://www.japantimes.co.jp/business/2024/12/10/companies/japan-megabanks-overseas-deals/?utm_medium=Social&utm_source=mastodon #business #companies #banks #mufg #mizuho #sumitomomitsui #india #investments

Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite U.S. bribery charges, even as other global firms including Barclays are reassessing their exposure to his Indian conglomerate. https://www.japantimes.co.jp/business/2024/11/29/companies/japanese-banks-sticking-adani/?utm_medium=Social&utm_source=mastodon #business #companies #india #adanigroup #gautamadani #mufg #mizuho #sumitomomitsui