Company Overview of Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Banking Corporation, together with its subsidiaries, provides a range of wholesale and retail banking services in Japan and internationally. It operates through the Consumer Banking, the Middle Market Banking, the Corporate Banking, the International Banking, and the Treasury Banking Units. The company offers time deposits; housing loans; unsecured card loans; consumer loans; investment trust products; pension-type, medical, juvenile, home fire, and life insurance services; and foreign currency, subordinated, structured, and corporate mortgage bonds; unsecured card loans; and wealth management services. It also provides lending, loan syndication, structured finance, commitmen...
Founded in 1876
Key Executives for Sumitomo Mitsui Banking Corporation
President, Executive Officer and Representative Director
Director and President of Sumitomo Mitsui Financial Group, Inc
Vice Chairman, Head of Middle Market Banking Unit and Executive Officer
Vice Chairman, Head of International Banking Unit and Executive Officer
Compensation as of Fiscal Year 2014.
Sumitomo Mitsui Banking Corporation Key Developments
Mizuho Financial Group Inc. and Sumitomo Mitsui Banking Corp. Conclude their Annual Shunto Negotiations with the Labor
Mar 26 15
Mizuho Financial Group Inc. and Sumitomo Mitsui Banking Corp. effectively concluded their annual shunto negotiations with the labor side by agreeing to implement a 1.5% pay scale hike. The two will carry out a salary scale increase for the second consecutive year. The margin will be bigger than the previous year's 0.5%. A pay scale rise of 1.5% roughly translates into an increase of JPY 7,000 in the monthly salaries at Japanese megabanks, including Mizuho and Sumitomo Mitsui. Mizuho and Sumitomo Mitsui also agreed to raise bonuses by 3% from the previous year as demanded by their labor unions. At both banks, bonuses will increase for the third consecutive year.
Sumitomo Mitsui Banking Corporation Announces Resignation of Hiroshi Minoura as Vice Chairman of Board
Mar 26 15
Sumitomo Mitsui Banking Corporation announced the resignation of Hiroshi Minoura as Vice Chairman of the Board of the company.
Sumitomo Mitsui Banking Corporation Announces Appointment of Ken Kubo as Director, Effective April 1, 2015
Mar 26 15
Sumitomo Mitsui Banking Corporation announced appointment of Ken Kubo as director, effective April 1, 2015. Ken Kubo is currently working as Director (Representative Director) of Sumitomo Mitsui Financial Group Inc. and Deputy President (Representative Director) of Sumitomo Mitsui Banking Corporation.
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