#sumitomo mitsui

[radioshiga]

Sumitomo Mitsui abandona aliança global de descarbonização

Tóquio, Japão, 6 de março de 2025 (Kyodo News) – O Sumitomo Mitsui Financial Group (SMFG), segundo maior banco do Japão, anunciou sua saída da Net-Zero Banking Alliance (NZBA), tornando-se a primeira instituição financeira japonesa a deixar a coalizão internacional dedicada à promoção de metas globais de emissões líquidas zero por meio de suas atividades financeiras. A decisão do SMFG segue uma…

Sumitomo Mitsui abandona aliança global de descarbonização

[cryptoliveclub-blog]

Tezos Korea Foundation Joins Forces with Yonsei University to Promote Blockchain

New Post has been published on https://cryptolive.club/tezos-korea-foundation-joins-forces-with-yonsei-university-to-promote-blockchain/

Tezos Korea Foundation Joins Forces with Yonsei University to Promote Blockchain

Twitter Facebook LinkedIn The South Korean arm of the Tezos Foundation has signed a Memorandum of Understanding (MoU) with Yonsei University for the development of unique talents and expertise in blockchain technology, according to a press release  published by Tezos. The release

[yahoonewsdigest-intl]

Citigroup selling its Japan retail bank business

Business

Citigroup selling its Japan retail bank business

Citigroup said on Thursday it was selling its century-old Japanese retail banking operations to major lender Sumitomo Mitsui as part of an effort to shrink its consumer business globally. Under the agreement, Sumitomo unit SMBC Trust Bank would acquire Citibank Japan's operations including 32 retail branches, 740,000 customers, 1,600 employees, and deposits worth 2.5 trillion yen. The transaction is expected to be completed in late 2015.

The sale represents another step in Citi's strategy of further streamlining its Global Consumer Bank.

Statement released by Citigroup

Citi will be keeping its profitable Japanese commercial banking operations. The US firm entered the Japanese market in 1902, one of the first foreign lenders to operate in the country. Since the US bank brought in a new chief in late 2012, it has been cutting retail operations in a host of countries, including Honduras, Turkey, Romania, and Uruguay. In Japan, low interest rates, following years of economic slump, have squeezed retail businesses. Two years ago British giant HSBC withdrew from retail banking in Japan and there are relatively few foreign lenders offering such services in the country.

[therakyatpost]

New Post has been published on The Rakyat Post

New Post has been published on http://www.therakyatpost.com/business/2014/12/10/citigroup-closer-japan-exit/

Citigroup closer to Japan exit

TOKYO, Dec 10: 

Citigroup Inc is in the final stages of talks with Sumitomo Mitsui Banking Corp (SMBC) on the sale of its Japanese retail banking operations for about ¥40 billion (RM1.16 billion), sources with knowledge of the matter said.

An agreement between SMBC, a unit of Sumitomo Mitsui Financial Group Inc, and Citigroup may be reached as early as next week, said the sources, declining to be identified as they were not authorised to discuss the matter publicly.

Citi’s Japan consumer banking business has been hurt by weak loan demand and falling interest margins in a market where the US-based lender has operated for over 100 years.

Reports last month said four banks, including SMBC, were expected to participate in the second round of bidding for Citi’s consumer banking business in Japan.

SMBC is looking to acquire Citi’s retail deposits worth about ¥3.9 trillion, 1,500 employees and 32 branches in Japan, the sources said.

The two are also working on a deal to let Citi’s retail customers in Japan maintain their access to the US bank’s global ATM network for at least two years after SMBC’s acquisition, the sources said.

Separately, Citi is in talks to sell its Japanese credit card business Diners Club, with bidders including Sumitomo Mitsui Trust Holdings Inc, the sources said, adding that Citi is unlikely to pick a buyer by the end of this year.

The third-largest US bank said in October that it was pulling out of consumer banking in 11 markets, including Japan and Egypt, as it looks to cut high costs.

[blackbutlerofficial]

Want a Black Butler Visa Card?

Unless you're Jessica Simpson, or just make/spend as much as her, chances are you're probably not carrying around an AmEx Black Card. But, at least people with accounts at Sumitomo Mitsui (a Japanese bank based in Yurakucho, Chiyoda, Tokyo, Japan) can get a Black Butler card!

This special Visa card has an exclusive image of Sebastian drawn by Yana Toboso, the mangaka for the series. This promotion is a special collaboration with the Black Butler II anime series and enrollment is limited to the first 1,000 qualified applicants with an annual fee of ¥1,250.

We know quite a few Black Butler fans who'd give their right eye to get one of these cards.

Check out more Black Butler on http://funimation.com/black-butler!

[kuroshitsuji-indonesia]

Sumitomo Mitsui Introduces Black Butler Visa Card

[alyonka170895-blog]

[OFFICIAL] Credit Card VISA form japanise Banking Corporation Sumitomo Mitsui