Sumitomo Mitsui Financial Net Worth is$47.8 B
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Logo: Image:SumitomoBank.png

Type: Public company

Traded As: 8316, SMFG

Predecessor: Sumitomo Mitsui Banking Corporation

Foundation: December 2, 2002

Location City: Chiyoda, Tokyo

Location Country: Japan

Area Served: Worldwide

Key People: Teisuke Kitayama (President)

Industry: Banking, Financial services

Services: Retail banking, Credit Cards

Revenue: 3.073 trillion/link

Net Income: 550.84 billion (2011)
Assets: 131.48 trillion (2011)
Equity: 5.303 trillion (2011)
Num Employees: 62,379 (2011)
Subsid: Sumitomo Mitsui Banking Corporation, :ja:SMBC??????

Homepage: [http://www.smfg.co.jp/english/ http://www.smfg.co.jp/english/]

Footnotes:
Intl: yes

Slogan: LEAD THE VALUE

Sumitomo Mitsui Financial Group (SMFG; ae ?a 1/4 ?a 1/4 ?c? 3/4 a,?a??a 1/2 ?a??a??a??a??a??a??a??a?<It holds assets of around US $1.8 trillion and is one of the largest financial institutions in the world.
Sumitomo Mitsui Financial Group, Inc. (SMFG) is established through a share transfer from Sumitomo Mitsui Banking Corporation. SMFG's shares become listed on the first section of the Tokyo Stock Exchange, the Osaka Securities Exchange and the Nagoya Stock Exchange.
Sumitomo Mitsui Card Company, Limited, SMBC Leasing Company, Limited, and The Japan Research Institute became wholly owned subsidiaries of SMFG.
SMFG reached an agreement to form a strategic alliance with Promise Co., Ltd. on consumer finance business. The two firms started collaborative business in April 2005.
SMFG reached an agreement to form a strategic alliance with NTT DoCoMo on credit card business. A portion of the shares of Sumitomo Mitsui Card held by SMFG were transferred to NTT DoCoMo, and Sumitomo Mitsui Card issued new shares and allocated them to NTT DoCoMo by means of third party allocation in July 2005. Collaborative business began in December 2005.
SMBC Friend Securities became a wholly owned subsidiary of SMFG.
SMFG reached an agreement to pursue strategic joint business with the Sumitomo Corporation group in the leasing and auto leasing businesses.
SMFG acquires Nikko Cordial, a brokerage, from Citigroup.
The company has agreed to buy Royal bank of Scotland Group Plc's aircraft leasing division for $7.3 billion in the world's biggest acquisition of a leasing business since at least 1999.

Sumitomo Mitsui Financial Latest News

Sumitomo Mitsui Financial Group (NYSE:SMFG) Sees Significantly Lower Trading Volume

Sumitomo Mitsui Financial Group shares had a trading volume of 611K in the last trading session. Overall, volume was down 75.51% under the stocks normal daily volume. These funds have also shifted positions in (SMFG). As of the end of the quarter Blair ...
Posted: August 6, 2017, 11:45 pm

Hightower Advisors Increased Sumitomo Mitsui Finl Group I (SMFG) Stake By $1.15 Million; Shorts at Suncor Energy (SU) Lowered By 2%

The stock decreased 0.71% or $0.05 during the last trading session, reaching $7.67. About shares traded. Sumitomo Mitsui Financial Grp, Inc.(ADR) (NYSE:SMFG) has risen 18.55% since August 10, 2016 and is uptrending. It has outperformed by 1.85% the S&P500.
Posted: August 10, 2017, 5:30 am

Proficio Capital Partners LLC Raises Position in Sumitomo Mitsui Financial Group Inc (SMFG)

Proficio Capital Partners LLC boosted its stake in shares of Sumitomo Mitsui Financial Group Inc (NYSE:SMFG) by 75.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned ...
Posted: August 20, 2017, 5:37 am

Sumitomo Mitsui Trust Holdings, Inc. Buys ishares Gold Trust, Baker Hughes Inc, PayPal Holdings ...

The holdings were 244,932 shares as of 2017-06-30. New Purchase: SVB Financial Group (SIVB) Sumitomo Mitsui Trust Holdings, Inc. initiated holdings in SVB Financial Group. The purchase prices were between $167.92 and $192.49, with an estimated average ...
Posted: August 7, 2017, 5:38 am

Japan's financial companies looking to Frankfurt, Amsterdam as next EU centers

Sumitomo Mitsui Banking Corp. and SMBC Nikko Securities, both Sumitomo Mitsui Financial Group companies, will launch their local units in the German city by March 2019. They will apply for passporting rights in Germany -- in addition to their valid ...
Posted: August 16, 2017, 1:37 am
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