Goldman downgraded Sumitomo Mitsui from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/20/2023 | Buy → Neutral | Goldman | |
| 11/1/2022 | Buy | Nomura | |
| 6/23/2022 | Neutral → Buy | BofA Securities | |
| 4/11/2022 | Buy → Neutral | BofA Securities |
Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC) and MA Asset Management (part of MA Financial Group, ASX: MAF) today announced the formation of a new joint venture ("JV"), which will invest up to US$1.7 billion in senior secured loans to U.S. middle market borrowers. The JV harnesses the complementary capabilities of the three partnering institutions to establish a differentiated platform focused on the attractive middle market subset of private credit. The JV expects to benefit from broad access to high-quality, proprietary deal flow of first-lien senior-secured loans to established middle market companies, leveraging the loan origination capabilities of Monroe Capital's direct
The Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced that Greg Keeley has joined the bank as Chief Operating Officer. Based in New York and reporting to the Americas CEO, Greg will lead the bank's technology, cyber, and operational functions, while also driving transformative initiatives. "Greg's track record and leadership experience will play an integral role as SMBC continues to innovate and scale our operations across the Americas," said Hirofumi Otsuka, Chief Executive Officer, SMBC Group Americas Division. "As we diversify our business to best serve a global client base, the COO role will guide the transformation of our infrastructure and data-driven oper
Jenius Bank™ doubles down on commitment to help customers live "richer" lives through personalized, actionable insights Jenius Bank, the digital banking division of SMBC MANUBANK, a member of the SMBC Group, is launching the next-generation version of its mobile app and online banking platform that will provide free, personalized insights based on customers' spending and earning behavior to help optimize their cash flow and make smarter financial decisions. Customers can now enjoy a comprehensive, 360-degree view of their finances in one place when they link relevant external financial accounts, like credit cards and investment portfolios. Jenius Bank now empowers customers to: Track mo
4 - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Reporting)
Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG") President and Group Chief Executive Officer, Toru Nakashima, to Jefferies' Board of Directors effective August 12, 2024. The appointment of Mr. Nakashima further strengthens the strategic alliance between Jefferies and the SMBC Group first announced in 2021 and then further expanded in 2023 and 2024. Consistent with agreements between Jefferies and Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC intends to increase its economic ownership of Jefferies to up to 15% on an as-converted and fully diluted basis, and recently increased its
Sumitomo Mitsui Banking Corporation (SMBC) today announced the appointment of Mark Corteil as Chief Risk Officer for the Americas Division. In this role, Mark will serve on the Americas executive team and lead the firm in developing and maintaining a robust risk management framework, while embedding a strong culture of risk awareness and ownership across the Americas. "Mark has made a significant impact as a member of our risk management team and has consistently demonstrated a capacity for leadership," said Hirofumi Otsuka, Chief Executive Officer, SMBC Americas Division. "His deep knowledge of the space will help SMBC meet the demands of an evolving risk landscape as we continue to gr
Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced the appointment of Clarke Adams as Head of High Yield Capital Markets and Matt Burke as Head of Leveraged Finance Origination. Additionally, Clarke joins Miguel Roman as Co-Head of Leveraged Capital Markets. Managing Directors based in New York, Clarke and Matt will continue to grow SMBC Americas' capabilities across the origination, underwriting, structuring, and distribution of leveraged loans and high yield bonds for corporate and financial sponsor issuers. "Clarke and Matt bring extensive relationships with a range of large-cap sponsors and corporations," said Hirofumi Otsuka, Chief Executive Officer, SMBC
Goldman downgraded Sumitomo Mitsui from Buy to Neutral
Nomura resumed coverage of Sumitomo Mitsui with a rating of Buy
BofA Securities upgraded Sumitomo Mitsui from Neutral to Buy
4 - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Reporting)
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6-K - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Filer)
Jefferies and SMBC Group's Strategic Alliance Expands to Additional Businesses, Including a Full Suite of Capabilities for U.S. Investment Grade Companies, to Further Enhance Investment Banking Services to Our Broad Client Base Jefferies and SMBC Group to Combine U.S. Equities and M&A Efforts under Jefferies SMBC Intends to Increase Economic Ownership to Up to 15% of Jefferies By Purchasing Shares and Will Designate One Jefferies Director Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") and Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG"), Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC Nikko Securities Inc. ("SMBC Nikko"), and SMBC Nikko Securities America Inc. (
SMBC and SMBC Nikko Securities America, Inc., members of SMBC Group, announced the completed execution of one the largest private placements in Latin America in recent history, refinancing Innergex's Chilean platform, with several businesses playing integral roles in the deal's success. The deal involved the close of Aela Generación S.A.'s $710MM green bond issuance, the proceeds of which were used to partially finance the Aela acquisition, refinance all existing debt in a portfolio of 609MW, and fund the installation of a battery energy storage system. "The closing of this transaction demonstrates the well-coordinated effort among several deal teams that brought market-leading execution o
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