Japan’s Sumitomo Mitsui and Switzerland’s Julius Baer are joining US investment firms Charles Schwab Corp and Vanguard Group in plans to jointly hire at least 1,000 people this year in cities such as Chennai and Hyderabad. | Photo credit: TOMOHIRO OHSUMI Global financial companies including Sumitomo Mitsui Banking Corp and Julius Baer Group are planning […]
Yes, the partnership of Bank with SMBC increases confidence, cites capital and hints on a potential rating upgrade. | Photocredit: Reuters The decision of the Japanese lender SMBC to buy nearly 25 percent interest in Yes Bank must be seen as a voice of trust and also creates “possibilities” of a rating upgrade, a senior […]
The Japanese Sumitomo Mitsui Banking Corporation (SMBC) sold its full interest of 1.65% on Wednesday in Kotak Mahindra Bank for RS 6,256 Crore via Blok Deals. The more than 3.2 CRORE shares from SMBC were sold to dozens of buyers at a price of RS 1,940.8 each, including domestic and foreign funds, asset management companies […]