Rental and Lease
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Sumitomo Mitsui Financial Group, Inc, also called Sumitomo Mitsui Financial, is a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. Read More The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units. The Leasing segment provides leasing services that include equipment leases, operating leases, leveraged leases, and aircraft operating leases. The Securities segment offers financial products, investment consultation and administration services to individual and corporate customers. The Consumer Finance segment handles domestic credit card business, consumer loans and loan guarantee businesses. The company was founded on December 2, 2002 and is headquartered in Tokyo, Japan.
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Rental and Lease
Yahoo FinanceMay 20
Japan’s Megabanks Still Can’t Find Success Abroad
(Bloomberg) -- Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout.
Japan Megabanks See Challenging Year as Profit Drivers Wane
(Bloomberg) -- Japan’s biggest banks have warned investors of a tough year ahead. The nation’s three megabanks have been relying on the healthy status of borrowers and sales of so-called cross-shareholdings for earnings as rock-bottom interest rates crimp lending profitability. Results on Wednesday showed they are losing those benefits at a time when the economy is weakening, trade tensions are escalating and the Bank of Japan’s extraordinary monetary easing looks set to stay. “The business environment is...
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