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

Sumitomo Mitsui wants Wall Street bankers for U.S. expansion

[ad_1] Sumitomo Mitsui Financial Group is on the hunt for bankers in the U.S., looking past the recent turmoil and concerns about an economic slowdown to accelerate its North American…