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A service for ipo industry professionals · Tuesday, June 17, 2025 · 822,914,777 Articles · 3+ Million Readers
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Sumitomo Mitsui Banking Corp. News Monitoring

  • Published on Jun 16, 2025

    SBI and SMFG set sights on $69 bn treasure in Japan’s digital wealth boom

    Sumitomo Mitsui Financial Group Inc. (SMFG) and SBI Holdings Inc. are planning a new joint venture to offer wealth management services in Japan. The two firms are targeting affluent individuals in the country, with plans to manage assets worth ¥10 trillion …

    Source: The Economic Times - Pending
  • Published on Jun 16, 2025

    YES Bank shares climb after 4-session slide; here's what analysts say

    Shares of YES Bank Ltd ended higher on Monday, snapping a four-day losing run. The stock rose 0.45 per cent to close at Rs 20.25. The uptick followed an upgrade by global rating agency Moody's, which raised the private lender's rating to Ba2 from …

    Source: Business Today - Indeterminate
  • Published on Jun 16, 2025

    Saudi Electricity Company seeks $1bln loan to support expansion: Report

    Saudi Electricity Company (SEC) is seeking a $1 billion loan to fund its expansion across Saudi Arabia, according to a Bloomberg report. The facility will carry a five-year tenor, with Sumitomo Mitsui Banking Corp. acting as the sole mandated lead arranger …

    Source: Zawya - Indeterminate
  • Published on Jun 16, 2025

    Appeal Court Overturns Forfeiture of Emefiele’s Properties, Orders Retrial

    The Court of Appeal in Lagos has set aside the final forfeiture order on several properties and assets linked to Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN), and directed a retrial of the case. In a ruling delivered on 9 April …

    Source: Arise News - Neutral
  • Published on Jun 16, 2025

    SMFG-SBI Bet Big on Japan's Digital Affluent Boom with New Joint Venture

    SMFG and SBI target ¥10 trillion in assets through a new wealth management joint venture. Focus on digital affluent investors amid Japan’s rising mobile finance adoption. Japanese households remain cautious, with 51% of assets still in bank savings. In a …

    Source: Silicon India - Neutral
  • Published on Jun 13, 2025

    WiseTech takes out largest M&A loan in region for 2025

    WiseTech Global is backing its planned takeover of US supply chain software firm E2open with a US$3 billion loan, marking the largest M&A financing deal in the Asia-Pacific region so far this year, excluding Japan.  The Australian logistics software …

    Source: Mortgage Professional Australia - Neutral
  • Published on Jun 13, 2025

    RBI approves 6-month extension for MD & CEO of Yes Bank

    The Reserve Bank of India (RBI) has approved a six-month extension for the Yes Bank’s Managing Director and CEO, Prashant Kumar effective from October 6, 2025, or until a new MD & CEO is appointed—whichever is earlier—according to the bank’s exchange …

    Source: The Statesman (India) - Center-left
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