Sumitomo Mitsui Trust Group has agreed to collaborate with Raymond James Financial to boost the Tokyo-based bank’s U.S. operations, people familiar with the matter said. https://www.japantimes.co.jp/business/2026/03/04/companies/sumitomo-mitsui-trust-raymond-james/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #us #raymondjames #mergers #acquisitions #realestate

Japan's Rapidus has locked in another ¥267.6 billion in funding, with ¥100 billion coming from the government. https://www.japantimes.co.jp/business/2026/02/27/companies/rapidus-new-investment/?utm_medium=Social&utm_source=mastodon #business #companies #rapidus #banks #chipmakers #mufg #sumitomomitsui #mizuho #tech

Several senior loan bankers at Mizuho and SMBC have left their roles in Asia, amid a slump in lending across the region that’s already prompted departures at other firms in recent months. https://www.japantimes.co.jp/business/2026/01/14/companies/senior-loan-bankers-leave-japan-megabanks/?utm_medium=Social&utm_source=mastodon #business #companies #mizuho #sumitomomitsui #asia #banks

Four major Japanese banks will raise their annual interest rates on ordinary deposits to 0.3% from the current 0.2%, effective Feb. 2, 2026, following the Bank of Japan's latest rate hike decision. https://www.japantimes.co.jp/business/2025/12/20/major-banks-interest-rate-increase/?utm_medium=Social&utm_source=mastodon #business #mufg #sumitomomitsui #mizuho #banks #boj #inflation

Sumitomo Mitsui Financial Group might post a consolidated net profit of ¥2 trillion earlier than the currently expected period of around 2030, President Toru Nakashima said. https://www.japantimes.co.jp/business/2025/12/18/companies/mitsui-sumitomo-net-profit/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #banks #ai #investments

Japan's three megabanks are set to give loans totaling up to around ¥2 trillion in stages from fiscal 2027 to Rapidus, which aims to mass produce cutting-edge chips, sources said. https://www.japantimes.co.jp/business/2025/12/12/companies/megabanks-rapidus-loans/?utm_medium=Social&utm_source=mastodon #business #companies #rapidus #banks #chipmakers #mufg #sumitomomitsui #mizuho

Sumitomo Mitsui Financial Group is set to quicken its push into India by boosting lending and adding staff, after deploying almost $5 billion to gain ground in one of the world’s fastest growing major economies. https://www.japantimes.co.jp/business/2025/11/28/companies/sumitomo-mitsui-india-expansion/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #india #banks #investments #acquisitions

Japan's three megabanks are planning to jointly issue corporate-use stablecoins pegged to legal tender like the yen and the dollar, aiming to promote their use in the country. https://www.japantimes.co.jp/business/2025/10/18/japan-banks-stablecoins/?utm_medium=Social&utm_source=mastodon #business #banks #mizuho #mufg #sumitomomitsui #cryptocurrencies

Sumitomo Mitsui Trust Group’s asset management firm is aiming to become one of the top-three managers of Japanese mutual funds in five years by bolstering offerings to individuals, its new CEO has said. https://www.japantimes.co.jp/business/2025/10/14/companies/sumitomo-mitsui-fund-manager-interview/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #sumitomomitsuitrustassetmanagement #investments

Sumitomo Mitsui Financial Group is considering increasing its stake in Jefferies Financial Group as the Japanese lender deepens ties with the U.S. investment bank, https://www.japantimes.co.jp/business/2025/09/19/companies/sumitomo-mitsui-jefferies-stake/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomomitsui #banks