SMBC, a part of the Sumitomo Mitsui Financial Group (SMFG), plans to buy the 20% stake from State Bank of India (SBI) and ...

India's Yes Bank expects Japan's Sumitomo Mitsui Banking Corp (SMBC) to maintain at least 20% stake in the lender but said ...

One analyst said Singapore’s exports and overall growth may improve if US and China markets experience moderate demand from this temporary cut in reciprocal tariffs.

Yes Bank announced signing of a share purchase agreement between SMBC and Yes Bank along with the investors of the domestic ...

Japan's three largest banking groups posted record annual net profit in the last financial year, benefitting from increased ...

Tokyo stocks fell Thursday, led by selling of export-oriented auto issues on a stronger yen amid concern that Japan could be ...

Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has ...

Like State Street and Bank of New York Mellon in the US, which compete with custodian businesses inside larger US banks like J.P. Morgan, Sumitomo Mitsui Trust Group's main competitors are the ...

Next week, the BOJ will conduct consultations with banks, insurers and other market participants for their views on the ...

Sumitomo Mitsui Banking Corporation (SMBC) has appointed Luis Pereira as co-regional chief information officer (CIO) for its ...

The board said that the proposals are inappropriate. The board of directors of Sumitomo Mitsui Banking Corporation (SMBC) has ...

Japan’s second-largest lender expects net income to climb about 10% to ¥1.3 trillion in the year that started in April.