SMFG - Sumitomo Mitsui Financial Group, Inc.
Assetmark Inc. boosted its holdings in Sumitomo Mitsui Financial Group Inc (NYSE: SMFG) by 64.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 246,343 shares of the bank's stock after acquiring an additional 96,203 shares during the quarter. Assetmark Inc.'s holdings
MIAMI, July 16, 2026 /PRNewswire/ -- Canal Road Group ("CRG") today announced an expansion of its strategic relationship with SMBC as the bank makes an equity commitment to CRG's direct lending strategy that will unlock up to $225 million in additional investable capital. The commitment will increase CRG's investment capacity to $2.3 billion, inclusive of financing, for its direct lending strategy.
Sumitomo Mitsui Financial Group plans to double revenue from its sales and trading unit to 800 billion yen, or about $5 billion, within the next few years as Japan's shift away from ultra-low rates drives demand for market products. Arihiro Nagata, head of the bank's global markets division, told Reuters that the business currently generates about 400 billion yen in revenue.
The Bank of Japan should provide a clear roadmap for policy normalisation following an anticipated interest rate increase in June to help stabilise the government bond market, according to Arihiro Nagata, global markets chief at Sumitomo Mitsui Financial Group. Speaking to Reuters, Nagata said he expects the BOJ to raise interest rates at its June 15-16 policy meeting and stressed that the central bank's communication regarding future policy moves will be closely watched by financial markets.
Companies aim to extend healthy life expectancy, optimize management of healthcare institutions, and curb national healthcare costsTokyo and Kawasaki, Japan, Ma
Mitsubishi UFJ Financial Group (MUFG) and Mizuho Financial Group (MFG) are heading into another year of expected record profit, but the setup is no longer just
NEW YORK--(BUSINESS WIRE)--SMBC Americas hires Shrikar Shah to lead Interest Rates Structured Trading, advancing the firm's global sales and trading business.
NEW YORK--(BUSINESS WIRE)--SMBC Americas Announces Global Transaction Banking Platform Available for U.S. Clients, Including Cash Management and Payments Capabilities.
I'm sticking with a 'Buy' rating for Sumitomo Mitsui Financial Group following my assessment of its valuations and prospects. SMFG revealed its updated mid-teens ROE goal for the long run; I think this is achievable with cost-cutting moves and domestic rate hikes. The stock's current P/B of around 1.3x is undemanding, considering the significant discount to its U.S. peers.
JPMorgan Chase and Co. trimmed its holdings in shares of Sumitomo Mitsui Financial Group Inc (NYSE: SMFG) by 54.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 537,443 shares of the bank's stock after selling 653,123
Bloomberg's Katherine Doherty reacts to the reports about Japanese bank Sumitomo Mitsui Financial Group potentially taking over Jefferies Financial Group. While there have been denials of any immediate takeover plans, SMFG has been gradually increasing its stake in Jefferies, currently disclosed at around 20%.
Shares of Jefferies Financial Group surged on Tuesday after reports suggested Japan's Sumitomo Mitsui Financial Group (SMFG) is exploring a potential takeover of the US investment bank, even as conflicting signals emerged over the likelihood of a deal. Takeover report lifts Jefferies shares Jefferies stock rose as much as 14% in premarket trading following a report by the Financial Times that SMFG is working on plans for a possible acquisition.
Shares of Jefferies Group (NYSE:JEF) rose on Tuesday after reports that Japan's Sumitomo Mitsui Financial Group is preparing plans for a possible takeover of the US investment bank. Jefferies has indicated it is not interested in selling, CNBC reported Tuesday morning.
Jefferies stock has fallen 36% this year and SMFG stands ready to act if the falling share price presents an opportunity, according to a report.
Investors looking for stocks in the Banks - Foreign sector might want to consider either NatWest Group (NWG) or Sumitomo Mitsui (SMFG). But which of these two stocks presents investors with the better value opportunity right now?
For 2025, we underperformed the Benchmark, while to a lesser extent also trailing our all-cap international growth Proxy Benchmark. The underperformance was in our view attributable to an abrupt but material correction in several holdings over the potential exposure of quality growth franchises to AI disruption. Lundin Mining Corporation shares rose meaningfully during the fourth quarter after the company raised its 2025 copper production outlook and lowered its cash cost guidance.
Assetmark Inc. lifted its stake in Sumitomo Mitsui Financial Group Inc (NYSE: SMFG) by 72.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 101,571 shares of the bank's stock after acquiring an additional 42,766 shares during the period. Assetmark Inc.'s holdings in Sumitomo
Oakmark Japan Strategy Q4 2025 Portfolio Review
Cibc World Market Inc. decreased its holdings in shares of Sumitomo Mitsui Financial Group Inc (NYSE: SMFG) by 18.1% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 454,693 shares of the bank's stock after selling 100,225 shares
ABC Arbitrage SA bought a new stake in shares of Sumitomo Mitsui Financial Group Inc (NYSE: SMFG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 92,382 shares of the bank's stock, valued at approximately $1,546,000. Other large investors have