Sumitomo Corp.

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• Sumitomo & Mitsubishi Go "Head-to-Head" Again In Battle For Dominance Of Japan's Reviving Banking Sector

  BNET - 2009-06-15

  Japan's two leading "megabanks" are sketching out their borders in the country's fledgling securities industry. by Daniel M. Harrison

  Tags: Mitsubishi Corp., Japan, Sumitomo Corp., Banking, Strategy, Financial Services, Management, Daniel M. Harrison

• Sumitomo Mitsui Banking Corporation, Mazda Motor, Central Finance and Ford Motor Credit Company to Form Strategic Alliance in Auto Finance Business in Japan

  - 2008-03-13

  Tokyo, Japan, Mar 13, 2008 - JCN Newswire - Sumitomo Mitsui Banking Corporation ("SMBC", President; Masayuki Oku), Mazda Motor Corporation ("Mazda", Representative Director, Chairman and President; Hisakazu Imaki), Central Finance Co., Ltd. ("CF", President and Representative Director; Tatsuo Tsuchikawa) and Ford Motor Credit Company LLC ("FMCC", Chairman and CEO; Michael...

  Tags: banking, FINANCE, Ford Motor Co., Mazda Motor Corp., Mitsui & Co., Primus Co., Strategy, Sumitomo Corp.

• JAPAN: MOODY'S AFFIRMS SUMITOMO TRUST AND BANKING CO., LTD.'S RATINGS AND WITHDRAWS BARCLAYS GLOBAL INVESTORS JAPAN TRUST AND BANKING'S RATINGS.

  - 2008-01-31

  Moody's Investors Service has affirmed the bank financial strength rating BFSR of C and the long- and short-term deposit ratings of Aa3/Prime-1 for Sumitomo Trust and Banking Co., Ltd. STBC. Its senior and junior subordinated debt ratings have Moody's Investors Service has affirmed...

  Tags: banking, Moody's Corp., Sumitomo Corp.

• The Sumitomo Trust and Banking and SBI Holding Announces Completion of Pre-Screening of Banking License for Internet-Based Bank

  - 2007-09-11

  TOKYO -- The Sumitomo Trust and Banking Co., Ltd. Sumitomo Trust(TOKYO:8403) and SBI Holdings, Inc. SBIH(TOKYO:8473) announced today that the Financial Services Agency has completed its pre-screening of the application for banking business license (Ordinance for Enforcement of Banking Law, Article2), which was submitted for the jointly established Internet-based bank...

  Tags: banking, Internet, Sumitomo Corp.

• Sumitomo Mitsui to tighten controls in agreement with US

  - 2007-01-24

  WASHINGTON AFP — Sumitomo Mitsui Financial Group agreed to tighten its policies to fight money laundering in a settlement with US banking regulators, the US Federal Reserve said. The deal with SMFG, Japan's number-three bank, came a month after a similar agreement with Bank of Tokyo-Mitsubishi UFJ Trust Co. The...

  Tags: Agence France-Presse, agreement, Banking, compliance, Federal Reserve Board, Mitsui & Co., Sumitomo Corp.

• Japanese banking firm renews for 170,000 s/f

  - 2006-03-22

  Japanese banking firm, Sumitomo Mitsui, renewed for 170,000 s/f at 277 Park Avenue last week, downsizing its presence in the building by 40,000 s/f. A tenant in the 1.8 million s/f, 51-story tower since 1994, Sumitomo decided to shift some of its back office operations to Jersey City where...

  Tags: Banking, Mitsui & Co., Sumitomo Corp.

• Tokyo court rejects Sumitomo Trust suit over UFJ merger

  - 2006-02-12

  TOKYO AFP — A Tokyo court has thrown out a claim by Sumitomo Trust and Banking seeking damages from UFJ Holdings, now part of the world's biggest bank, for scrapping the planned sale of a subsidiary. Judge Tsutomu Yamazaki of the Tokyo District Court said there was no evidence...

  Tags: Banking, FINANCE, Investment, merger, Sumitomo Corp., Tokyo

• Japan Net Bank and Sumitomo Mitsui banking corporation select RSA Security for consumer authentication; Japan Net Bank first to deliver two-factor tokens to all active account holders; protecting over one million online banking customers with RSA SecurID

  - 2006-01-27

  M2 PRESSWIRE-27 January 2006-RSA: Japan Net Bank and Sumitomo Mitsui banking corporation select RSA Security for consumer authentication; Japan Net Bank first to deliver two-factor tokens to all active account holders; protecting over one million online banking customers with RSA SecurID two-factor authentication technologyC1994-2006 M2...

  Tags: authentication, Banking, E-business/E-commerce, INTERNET, Mitsui & Co., NETWORKING, RSA Security Inc., SECURITY, Sumitomo Corp.

• Banks firm favourites to tap into growth.

  - 2005-12-13

  Byline: Greg Earl Dec 13, 2005 (The Australian Financial Review - ABIX via COMTEX) -- Japanese banking stocks have regained the support of fund managers. The sector's consolidation, following...

  Tags: Atlantis, bank, Banking, Invesco, Sumitomo Corp.

• Veteran banker to oversee break up of one-time foe Japan Post

  - 2005-11-15

  TOKYO, AFP — For years Japan Post has been a thorn in the side of veteran bankers like Yoshifumi Nishikawa, offering subsidized rates that have lured savers away from the private sector. Now, in an ironic twist, the former president of Sumitomo Mitsui Banking Corp, Japan's third-largest banking group,...

  Tags: bank, banker, banking, FINANCE, financial, Insurance, Japan, privatization, Sumitomo Corp.