News: Sumitomo Mitsui Financial Group Inc (8316.T)

8316.T on Tokyo Stock Exchange

4,482JPY
21 Nov 2014
Price Change (% chg)

¥13 (+0.29%)
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¥4,469
Open
¥4,502
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¥4,512
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¥4,451
Volume
6,204,400
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Fri, Nov 14 2014

Mizuho joins SMFG in beating first-half profit forecasts

TOKYO - Mizuho Financial Group Inc reported on Friday a smaller drop in first-half profit than it had projected at the start of the year, supported by strength in its market division and lower credit costs.

Japan's SMFG raises H1 net profit estimate by 39 pct

TOKYO, Sept 29 - Sumitomo Mitsui Financial Group Inc on Monday raised its net profit estimate for the fiscal first half by 39 percent, bolstered by earnings at its core banking unit and gains stemming from unused loan loss provisions.

UPDATE 1-Market Chatter-Corporate finance press digest - Sept 22

Sept 22 - The following corporate finance-related stories were reported by media:

Market Chatter- Corporate finance press digest - Sept 22

Sept 22 - The following corporate finance-related stories were reported by media:

Citigroup seeks to exit Japanese retail banking : source

TOKYO - Citigroup Inc is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anemic lending.

Quarterly profit dips at Japan's MUFG, dives at Mizuho, SMFG

TOKYO - Mitsubishi UFJ Financial Group (MUFG) reported a far milder quarterly profit decline than its main banking rivals as aggressive overseas expansion dulled the impact of perennially weak loan demand at home.

UPDATE 1-SMFG Q1 profit falls 20 pct as Abenomics stock boom fades

* Keeps FY forecast at Y680 bln vs Y695.5 bln analyst view

Japan's SMFG Q1 profit falls 20 pct, overshadowed by year-prior stock boom

TOKYO, July 30 - Sumitomo Mitsui Financial Group Inc (SMFG) on Wednesday said first-quarter profit fell 20 percent as gains in the value of stock holdings paled in comparison with the year prior when prices rose after government promises of economic growth.

Japan's SMFG chairman concerned about extra banking rules in U.S., UK

LONDON - The chairman of Japan's third-largest bank Sumitomo Mitsui Financial Group Inc (SMFG) 8316.T has spoken of his concern about the United States and Britain imposing banking standards over and above hard fought-for global rules due to come into force in 2019.

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