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SUMITOMO TRUST BANK
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...
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...
Japan's 10-year bond yield hits 29-year high as market awaits Bessent's remarksJapan's 10-year government bond yield reached a 29-year peak on Tuesday. This occurred despite a stable auction. Investors are keenly await...
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...
Global Markets | Nikkei closes off record high, JGBs wobble on BOJ's hawkish holdJapan's Nikkei share average slipped from a record high, government bonds swung and the yen rallied on Tuesday, after the central bank stru...
Global Markets | Japan's Nikkei reverses below 60,000 level as profit-taking steps inJapan's Nikkei share average reversed course on Thursday after briefly topping the 60,000 level, as investors locked in profits from an ear...
Japan's Nikkei crosses key 60,000 level for first time on tech rallyJapan's Nikkei share average surpassed 60,000 for the first time, initially boosted by technology stocks amid improved risk sentiment follo...
DMI Finance raises $47 million from Sumitomo Mitsui Trust Bank, others"We are excited to start the partnership with DMI and build the future of finance. Digital financing in India is entering a high growth pha...
DMI Finance raises $47 million from Sumitomo Mitsui Trust Bank, othersThis equity raised by DMI Finance takes its total equity base to USD 500 million. Sumitomo Mistui Trust Bank joins existing investors in DM...
Tie-up with Sumitomo will open SME gates for India: Sam Ghosh, CEO, Reliance CapitalSam Ghosh, CEO, Reliance Capital, decodes the Sumitomo Mitsui transaction
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...
Sumitomo Mitsui may take up to 10 per cent stake in Reliance BankReliance Capital last week roped in Sumitomo Mitsui Trust Bank (SMTB) as a strategic partner to collaborate on various businesses.
Reliance Capital gains as Sumitomo Mitsui buys stakeShares of Reliance Capital moved higher in trade after Japan’s Sumitomo Mitsui Trust Bank bought 2.8 per cent stake in the company for Rs 3...
Reliance Capital ropes in Japan's Sumitomo Mitsui to open a new bank in IndiaThe investment is being made at Rs 530 per share, representing a premium of over 11 per cent to the stock price of relevant date of Relianc...
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...
Reliance Capital rallies 3% on stake sale reports to Sumitomo MitsuiThe deal signals bullishness among Japanese cos that seem keen to invest in sectors ranging from pharma to financial services in Asia's 3rd...
Sumitomo Mitsui may pick up 10% in Reliance Capital for Rs 2,400 croreA deal with Sumitomo Mitsui, if consummated, will be the 2nd-largest investment by the Japanese co in the group and the 4th in the Indian f...
- Citigroup closes $8.7 bn sale of Japanese brokerage
Citigroup Inc. has completed the sale of its Japanese brokerage to Sumitomo Mitsui Banking Corp. in a $8.7 billion deal that advances the U...
- Sumitomo Mitsui, Citigroup reach deal on brokerage
Sumitomo Mitsui is taking over Citigroup's Japan brokerage businesses, both sides said on Friday, as part of a plan to restructure the stru...
- Japan's major banks to suffer sharp profit fall
Combined net profit at Japan's six major banks is estimated to have dropped more than 40 per cent for the year to March 2008.