Tag - sumitomo-mitsui

 
 

SUMITOMO MITSUI

Japan Times
JAPAN
Dec 7, 2019
Japan's mega-banks named as world's biggest lenders for new coal plants
Japan's three biggest commercial banks are the world's top financiers of new coal plants, according to research released Thursday in Spain at the United Nations Climate Change Conference.
Japan Times
BUSINESS / Economy
Dec 6, 2019
Japan bank Sumitomo Mitsui says it takes more than changing dress code to shake things up
Japan's second-largest bank wants to change the mindset of its staff.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japanese banks face headwinds even with current profit goals in sight
Even as the nation's biggest banks remain on course to achieve their full-year earnings goals, they are losing profit drivers.
Japan Times
BUSINESS / Companies
Jul 23, 2019
Banks to extend support for struggling Japan Display
Three main credit banks for Japan Display Inc. are poised to continue supporting the struggling maker of small and midsize liquid crystal display panels, it was learned Monday.
BUSINESS
Jul 9, 2019
Japan grants certification for first time to 'information banks'
The Information Technology Federation of Japan has certified FeliCa Pocket Marketing Inc. and Sumitomo Mitsui Trust Bank as "information banks" to allow companies to use personal data for business purposes.
Japan Times
BUSINESS / Companies
May 23, 2019
Sumitomo Mitsui Financial increases planned cuts, to the equivalent of 5,000 employees' workload
Sumitomo Mitsui Financial Group Inc. will increase planned cuts to its head count that will now reduce work done by the equivalent of nearly 5,000 employees over the three years to March 2020, it was learned Wednesday.
Japan Times
BUSINESS / Companies
May 21, 2019
Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad
Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they've failed.
Japan Times
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
BUSINESS / Companies
Mar 24, 2018
Mega-banks to slash new hires in spring 2019 as ultralow interest rates take toll
Japan's three mega-banking groups plan to hire fewer new graduates in April 2019, it was learned Saturday.
Japan Times
BUSINESS / Companies
Nov 10, 2017
Japan's biggest banks prepare for massive downsizing and cost overhauls
Years of shrinking interest rates, demographic challenges and threats from rapidly advancing technology are finally coming to a head at Japan's biggest banks as they prepare to eliminate thousands of positions and downsize branches.
BUSINESS / Companies
Sep 6, 2016
Sumitomo 'liquidating Japan hedge fund' as clients pull out
Sumitomo Mitsui Trust Holdings Inc. is liquidating a Japan-focused hedge fund after investors withdrew money following poor performance, according to people familiar with the matter, adding to the list of casualties as the industry suffers its biggest outflows since 2009.
Japan Times
BUSINESS / Companies
Aug 2, 2016
Clouds lifting for Japan's banks as negative rates stay put
The Bank of Japan's decision not to drag interest rates further below zero provides relief for the nation's banks after shrinking lending profits crimped first-quarter earnings.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?