Mitsui & Co.

News & Analysis

financial and mitsui & co. - All News and Analysis

• Sumitomo Mitsui Financial faces heavy loss as bad debt charge jumps

  - 2005-02-28

  TOKYO AFP — Sumitomo Mitsui Financial Group, the third ranked bank in Japan, has said it would be badly in the red for the year to March as it increased its charge for bad debt further by nearly 50 percent. Sumitomo Mitsui said on Monday it now expects a...

  Tags: bank, financial, Mitsui & Co., Sumitomo Corp.

• Sumitomo Mitsui cuts net profit forecast on more loan-loss charges.

  - 2004-11-01

  TOKYO, Oct. 29 Kyodo Sumitomo Mitsui Financial Group Inc. revised downward its group earnings projections for both the fiscal first half ended in September and the full year through next March due to increased expenses for bad-loan disposal. In its revised outlook...

  Tags: FINANCE, financial, Government, Mitsui & Co., Sumitomo Corp.

• Sumitomo Mitsui Financial, Promise to offer consumer loans jointly in April.

  - 2004-09-27

  Kyodo News International, Tokyo Knight Ridder/Tribune Business News Sep. 27--TOKYO -- Sumitomo Mitsui Financial Group Inc. and consumer loan provider Promise Co. on Monday unveiled an outline of their business partnership accord struck in June, including establishing a joint consumer finance...

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

• Japan's Sumitomo Mitsui Financial may go hostile in fight for UFJ.

  - 2004-09-21

  By Bill Condie, Evening Standard, London Knight Ridder/Tribune Business News By Bill Condie, Evening Standard, London Knight Ridder/Tribune Business News

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

• Sumitomo Mitsui Financial turns heat on Mitsubishi.

  - 2004-08-29

  Sunday Business, London Knight Ridder/Tribune Business News Sunday Business, London Knight Ridder/Tribune Business News

  Tags: financial, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp.

• Japan financial firm Sumitomo Mitsui proposes 1-to-1 merger ratio to UFJ.

  - 2004-08-24

  Kyodo News International, Tokyo Knight Ridder/Tribune Business News Aug. 24--TOKYO -- Sumitomo Mitsui Financial Group Inc. offered Tuesday a one-to-one stock ratio for a merger with UFJ Holdings Inc. in competition with Mitsubishi Tokyo Financial Group Inc. for a tie-up that would...

  Tags: FINANCE, financial, Investment, merger, Mitsui & Co., stock, Sumitomo Corp.

• Japan financial group Sumitomo Mitsui to offer merger ratio to UFJ.

  - 2004-08-19

  Kyodo News International, Tokyo Knight Ridder/Tribune Business News Aug. 19--TOKYO -- Sumitomo Mitsui Financial Group Inc. will present to UFJ Holdings Inc., possibly by the end of August, the ratio for its proposed merger of the two banking groups, Sumitomo Mitsui officials ...

  Tags: banking, FINANCE, financial, Investment, merger, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp.

• Fitch puts ratings of 6 major Japanese banks on watch over merger talks.

  - 2004-07-31

  Kyodo News International, Tokyo Knight Ridder/Tribune Business News Jul. 31--Fitch Ratings said Friday it has put the ratings of UFJ Bank and five other major Japanese lenders on watch following the announcement by Sumitomo Mitsui Financial Group Inc. that it eyes a ...

  Tags: bank, FINANCE, financial, Fitch, Investment, merger, Mitsui & Co., Sumitomo Corp.

• Sumitomo Mitsui Financial Group to offer merger with UFJ Holdings.

  - 2004-07-30

  Kyodo News International, Tokyo Knight Ridder/Tribune Business News Jul. 30--TOKYO -- Sumitomo Mitsui Financial Group Inc. on Friday challenged Mitsubishi Tokyo Financial Group Inc. to an unusual battle to become the world's largest banking group together with the UFJ group. ...

  Tags: Banking, FINANCE, financial, Investment, merger, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp.

• Sumitomo Mitsui Financial Adds Extra Consulting Hours for Individual Customers.

  - 2004-03-15

  Kyodo News International, Tokyo Knight Ridder/Tribune Business News Mar. 15--OSAKA, Japan -- Sumitomo Mitsui Banking Corp. SMBC on Monday began consulting services for individual customers at night and on holidays at six of its main outlets. Sumitomo Mitsui opened booths...

  Tags: bank, consulting, financial, Mitsui & Co., Osaka, Outsourcing, Sumitomo Corp.