News for Sumitomo Mitsui Financial Group, Inc. (0LAF.L)

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) is one of the 13 Best Japanese Stocks to Buy According to Hedge Funds. On July 8, Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced the appointment of Mr. Ahmed Jamil Mazhari to lead transformation efforts aimed at speeding up the company’s AI strategy and integration across the group. In […]

Sumitomo Mitsui Financial Group Inc. may invest $1.1 billion in Yes Bank, aiming for a 25% stake in the Indian lender.

The fresh investment would bring the total amount to $2.7 billion, giving SMFG a roughly 25% stake in Yes Bank.

Summary Sumitomo Mitsui Financial Group Inc (SMFG) has announced a strategic appointment in its Americas Division, with Nick Stevenson joining as Group Head of

Nick Stevenson appointed as Group Head of TMT Corporate and Investment Banking at SMBC Americas. Stevenson brings over 30 years of CIB experience, inclu

Sumitomo Mitsui Banking Corporation (SMBC) is seeking regulatory approval from the CCI to acquire a 20% stake in Yes Bank, marking a significant cross-border investment in the Indian banking sector. This acquisition, valued at Rs 13,483 crore, will make SMBC the largest shareholder in Yes Bank, with SBI diluting a major portion of its stake.

The head of one of Japan’s largest investment banks used the Tokyo Pride parade to strike a rare public stance on pushing ahead with diversity initiatives, as US President Donald Trump seeks to abolish such policies.

Fitch Ratings on Tuesday said Sumitomo Mitsui Financial Group's (SMFG) 20 per cent stake buy in Yes Bank could pave way for other foreign entrants in the Indian banking sector. India's foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which have deterred such stake sales, its said.

Fitch Ratings report highlights potential for foreign investment in Indian banking sector with Sumitomo Mitsui's stake in YES BANK.

Summary On May 13, 2025, Sumitomo Mitsui Financial Group Inc (SMFG), through its SMBC Global Foundation, announced a $500,000 grant initiative to support the Am

The SMBC Global Foundation has awarded a $500,000 grant to the American Camp Association (ACA) to support camp-school partnerships. For summer 2025, $28

Sumitomo Mitsui Banking Corporation of Japan has signed a deal to buy a 20% stake in Yes Bank. The deal is worth ₹13,483 crore. State Bank of India and seven private banks are selling their shares. The transaction awaits regulatory approvals. This investment marks a significant step for Yes Bank's growth.

Japan's SMBC is set to acquire a 20% stake in Yes Bank for ₹13,482 crore, the largest foreign investment in the Indian banking sector. The deal involves purchasing shares from SBI and other lenders that had come to Yes Bank's rescue five years ago.

PR NewswireTOKYO, May 7, 2025 TOKYO, May 7, 2025 /PRNewswire/ -- Astellas Pharma Inc. (TSE: 4503, President and CEO: Naoki Okamura, "Astellas") today annou

Donald Trump’s executive order dismantling diversity, equity and inclusion efforts is making waves at international companies in Europe, Asia and beyond—but only on the surface. Quietly, many businesses are standing firm on diversity initiatives.  Companies from Roche Holding AG to Nissan Motor Co. have backpedaled on DEI policies in the…

TheSumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced that Greg Keeley has joined the bank as Chief Operating Officer. Based in New

Sumitomo Mitsui Banking Corporation (SMBC) Americas appoints Greg Keeley as new Chief Operating Officer. Greg Keeley joins from TD Bank, bringing over t

Baron International Growth Fund increased in the first quarter of 2025, although it underperformed its benchmark, the MSCI ACWI ex USA Index. Read more here.

Japan's biggest financial firms are abolishing decades-old practices that kept women off the corporate ladder. Nippon Life Insurance Co., Japan's largest