Sumitomo Mitsui Financial Group CEO Dies at 65

[ad_1] Sumitomo Mitsui Financial Group said Jun Ohta, its director president and group chief executive, has died at the age of 65. Japan’s second-largest lender said Monday that it will…

Higher Rates Are Supercharging Japan’s Banks

[ad_1] Stodgy Japanese banks have morphed into some of the globe’s best investments in 2023. [ad_2] Source link

Japanese Lender Reopens Market for Risky Bank Bonds

[ad_1] Sumitomo Mitsui raised $1 billion by selling AT1 bonds, reopening a segment of the market that was called into question after UBS’s takeover of Credit Suisse. [ad_2] Source link

Wall Street’s Missing Ingredient: Debt Offerings

[ad_1] In a preview for other investment banks, Jefferies reported solid results with one notable exception. [ad_2] Source link