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Sumitomo Mitsui Financial Group Inc.

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Footsie edges upwards as results arrive thick and fast

10.11.09
Leading shares continued to make headway in another day of thin trading as City investors tackled a clutch of trading updates ... more

Lloyds wins approval with hope shares will double

17.03.09
Much has changed since Lloyds Banking Group joined the Government's Asset Protection Scheme and the shares have the scope to more than double in value from their current level of 47.5p, up 0.3p.... more

‘Lord’ jailed for failed £229m cyber bank raid

05.03.09
A self-styled lord was jailed for eight years for his part in a “bold and sophisticated” bid to pull off the world’s biggest theft... more

Gang accused of £229 million theft attempt

10.02.09
A gang accused of trying to steal £229 million from a bank also targeted the English National Ballet, a court heard... more

Market report: Financials to the fore as high-risk Fed is snubbed

17.12.08
The response of London stock-market investors to the Federal Reserve's move to cut rates to within a range of between zero and a quarter point was far less enthusiastic than that of their counterparts on Wall Street overnight.... more

Goldman No to new bid for Sanyo stake

04.12.08
Investment bank Goldman Sachs has turned down a new £5.7 billion offer from Panasonic for its near-30% stake in rival consumer electronics firm Sanyo Electric... more

Sumitomo puts a brake on loans

20.11.08
Banking: Sumitomo Mitsui Financial, the Japanese lender that pumped billions of dollars into Barclays' summer fundraiser, is cutting back on loans to overseas companies ... more

Now Japan's banks join chase for funds

19.11.08
Banking: Japanese banking group Sumitomo Mitsui Financial, which only four months ago propped up Barclays with a £500 million cash injection, now has to raise money to boost its own balance sheet... more

Barclays' holders take up its £500m olive branch

19.11.08
Banking: Barclays' shareholders snapped up all of the £500 million of preferred stock that the troubled bank offered to them as an olive branch to calm the row over its controversial fundraising plans... more

Lehman in a huddle on offloading Japan assets

19.09.08
Credit crunch: Failed Wall Street bank Lehman Brothers is in talks to sell some Japan assets to Sumitomo Mitsui Financial Group, insiders in Tokyo say... more

Sterling and shares dive on new banking worries

26.08.08
The pound plunges and London shares fall amid renewed concerns that the banking crisis has much further to run... more

Barclays set to raise £4.5bn in share sale

25.06.08
Barclays is raising £4.5 billion through a massive share placing with Middle Eastern and Far Eastern investors... more

Japanese set to bail out Barclays with £473m stake

20.06.08
Barclays is on the verge of securing a massive bailout from Japan as it looks to Asia to bolster its finances... more

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