SMBC

SMFG said to eye US$1.1 billion additional investment in Yes Bank: sources

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

Hotels in Japan have been among the most popular real estate assets during a tourism boom that’s been driven by the yen’s depreciation.

KKR, Gaw look to sell Tokyo Hyatt Regency for over 100 billion yen

KKR and Gaw Capital Partners are in talks to sell the Hyatt Regency hotel in Tokyo to Japan Hotel Reit Investment for more than 100 billion yen (S$879.3 million), according to people familiar with the...

SMBC's parent SMFG will raise its stake in Jefferies from 4.5 per cent currently to as much as 15 per cent, giving it the right to nominate a member to the US company’s board of directors.

Japan’s SMFG boosts US presence via bigger stake in Jefferies

Japan’s Sumitomo Mitsui Banking Corp (SMBC) said it will combine its US equity and merger and acquistion (M&A) business with Jefferies Financial Group as part of a deal in which its parent, Sumitomo M...

SMBC invests in fintech OakNorth

SMBC invests in fintech OakNorth

The US$30m investment will drive data-backed lending in the Japanese bank's key markets in South-east Asia, such as Indonesia

SMBC invests US$30m in GIC-backed fintech OakNorth amid Asean push

SMBC invests US$30m in GIC-backed fintech OakNorth amid Asean push

GIC-backed fintech OakNorth has secured a US$30 million investment from SMBC, with the Japanese bank driving data-backed lending in emerging markets such as Indonesia.

Asahi to borrow 1.19t for purchase of AB InBev's Australia unit

Asahi to borrow 1.19t for purchase of AB InBev's Australia unit

[TOKYO] Japanese beer maker Asahi Group Holdings said on Monday it would borrow 1.19 trillion yen (S$15.69 billion) from Sumitomo Mitsui Banking Corp to pay for its acquisition of Anheuser-Busch InBev...

Some banks going the extra mile to help offshore sector - for now

Some banks going the extra mile to help offshore sector - for now

Banks with larger exposure work with clients beyond just debt restructuring to alleviate stress imposed by low oil prices

Singapore Open returns after 3-year hiatus

Singapore Open returns after 3-year hiatus

Event will be held Jan 28-31, 2016 at Serapong Course with a new title sponsor and sanctioning partner

Boeing wins US$8.5b SMBC Aviation order on growing Asian jet demand

Boeing wins US$8.5b SMBC Aviation order on growing Asian jet demand

BOEING Co has won an US$8.5 billion order from Japanese lessor SMBC Aviation Capital Ltd as Asian aircraft-leasing companies bet on demand for new planes to serve the region's travel growth.

Sumitomo Mitsui bank's match treat

Sumitomo Mitsui bank's match treat

Japanese bank buys tickets for staff, makes match day Family Day so all can attend