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SUMITOMO MITSUI FINANCIALS
OpenAI gives Japan banks access to latest model, Japan's finance minister saysThe release of new models of AI able to code at a high level has given hackers an unprecedented ability to identify cybersecurity risks a...
Global Markets: Japan's Nikkei retreats from record high as AI rally sparks cautionJapan's Nikkei index pulled back from its record high on Wednesday. Investor caution emerged regarding the rapid rise in AI stocks. Tokyo E...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
Local legal eagles answer the 130-billion-dollar questionsIndian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and vent...
Global Market: Japan’s Nikkei soars past 63,000 to record high, JGB ralliesJapan's financial markets surged on Thursday, with the Nikkei 225 reaching a record high, driven by global optimism from strong tech earnin...
Japan signs first $2.2 billion loan under $550 billion US investment pledgeJapan has initiated its $550 billion U.S. investment pledge with a $2.2 billion loan for initial projects, including an oil export facility...
Sumitomo Mitsui infuses Rs 1,075 cr into NBFC armJapanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into its Indian arm, SMFG India Credit. This follows a sign...
Japan's financial watchdog to meet top banks to discuss Mythos AI modelJapan's financial regulator will meet with major banks on Friday. The discussion will focus on Anthropic's advanced AI model, Mythos. This ...
Elevated foreign ownership a positive for Indian financial firms: FitchForeign investors are showing increased interest in Indian financial firms. Fitch Ratings notes this can bring long-term capital and better...
Global lenders to back Brookfield’s 1.04 GW project with $600 mnA group of international banks is financing Brookfield's significant renewable energy project in India. This venture combines wind, solar, ...
SoftBank lenders ask more banks to join $40 billion OpenAI loanSoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...
ARA Asset Management announces $500 mn equity financing from SMBCSMBC, the largest entity of the Sumitomo Mitsui Financial Group, is among the world’s premier financial institutions with $2.25 trillion in...
Sumitomo Mitsui Trust in talks to buy Citi's Japanese credit card unit: ReportsThe Japanese bank expressed its interest in buying Citigroup's credit card business for more than 50 billion yen last fall, the Nikkei repo...
Anil Ambani and Mukesh Ambani led Reliance group companies tie up with two Mitsui firms from JapanBoth the deals, announced within a gap of few hours, materialised within months of PM Modi pitching for stronger biz ties between the two o...
- Sumitomo closes in on Nikko Cordial
Citigroup Inc plans to sell its Japanese brokerage units to Sumitomo Mitsui Financial Group Inc for more than $5.2 billion.