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Sumitomo Mitsui Financial Group Inc (8316.T)

8316.T on Tokyo Stock Exchange

3,470JPY
23 Aug 2019
Change (% chg)

¥12 (+0.35%)
Prev Close
¥3,458
Open
¥3,448
Day's High
¥3,479
Day's Low
¥3,448
Volume
3,336,700
Avg. Vol
4,492,303
52-wk High
¥4,775
52-wk Low
¥3,419

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Fri, Aug 23 2019

Japan's SMFG to buy British asset manager to bolster fee-based revenue

TOKYO Sumitomo Mitsui Financial Group (SMFG) said on Friday it would acquire British asset manager TT International, in a move to generate a fee-based revenue and attract Japanese investors hamstrung by low domestic returns.

UPDATE 1-Japan's SMFG to buy British asset manager to bolster fee-based revenue

* Households' financial assets reached 1835 trln yen in Japan (Adds SMFG's announcement, details)

Japan's SMFG to acquire British asset manager for $190 mln - Nikkei

TOKYO, Aug 23 Sumitomo Mitsui Financial Group (SMFG) will acquire British asset manager TT International for about 20 billion yen ($188 million), the Nikkei reported on Friday.

UPDATE 1-Japan's SMFG says first-quarter net profit fell 5% as retail business struggles

* First-quarter net profit Y216 bln vs Y227 bln a year earlier

Japan's SMFG says first-quarter net profit fell 5% as retail business struggles

TOKYO, July 30 Sumitomo Mitsui Financial Group Inc (SMFG) on Tuesday reported a 5% decline in first-quarter net profit, saying its retail business was hit by adverse market conditions.

Japanese lender SMFG eyes Philippines, India in Asia growth push

TOKYO Sumitomo Mitsui Financial Group (SMFG) aims to expand its business in Asia and is looking at the Philippines, India and Myanmar for possible future investment, the CEO of Japan's second-largest bank by assets said.

Japan's SMFG posts slight profit decline, sees further weakness

TOKYO, May 15 Sumitomo Mitsui Financial Group Inc (SMFG) on Wednesday posted a 1% decline in net profit for the year through March, and flagged a further decrease this year reflecting the chronic battle for Japanese banks as face ultra-loose monetary policy.

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