Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (SMFG)
14.88
-0.32 (-2.11%)
Sumitomo Mitsui Financial Group is a comprehensive financial services institution based in Japan, offering a wide range of banking and financial solutions
The company operates through its various subsidiaries and affiliates, providing services such as commercial banking, investment banking, asset management, and leasing. With a strong presence in both domestic and international markets, it focuses on serving personal, corporate, and institutional clients by delivering innovative financial products and services. The group aims to facilitate economic growth and development through its diversified financial operations while maintaining a strong commitment to sustainability and social responsibility.
Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. are set to divest ¥1.32 trillion ($8.5 billion) in Toyota Motor Corp. shares. This strategic move aligns with Japan's push to reduce cross-held shares.
