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Japan's second-largest banking group Sumitomo Mitsui Financial Group posted a 75% slump in fourth-quarter net profit but still hit a record 1.18 trillion yen profit for the year on strong demand for ...
Japan's second-largest banking group Sumitomo Mitsui Financial Group posted a 75% slump in fourth-quarter net profit but ...
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Asian Banking & Finance on MSNSMFG to merge cloud service Sustana in business partner Asuene’s productsSustana provides the Japanese bank’s clients calculations of GHG emissions. Sumitomo Mitsui Financial Group (SMFG) is ...
Shares of Yes Bank fell sharply by 8.5% on Tuesday, closing at ₹21.30 on the NSE. The decline came amid heavy trading activity, with nearly 3% of the bank’s total listed shares changing hands.
Yes Bank shares have been on a strong upward trend, rising over 30% in just one month. The rally comes amid renewed investor interest following news of a potential 20% stake acquisition by Japan's ...
Fitch Ratings says SMFG's 20% stake in Yes Bank could open doors for other foreign banks in India's banking sector, despite ...
Fair value debated ◆ Some question RV attractiveness to global investors ◆ Dollars main funding market ‘for now’ ...
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Sumitomo Mitsui Financial Group Inc., Japan’s second-biggest lender, is in talks to buy a significant minority stake in India’s Yes Bank Ltd., according to people familiar with the matter.
India's foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which has deterred such stake sales, ...
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