SMBC Adds to Securitized Products Team as Part of Global Push

Sumitomo Mitsui Banking Corp. has made several senior hires as it pushes to bolster its capabilities in securitized finance, a multi-trillion market that’s seen strong issuance this year despite pockets of stress.

The hires are part of a larger push to expand the bank’s presence outside Japan and burnish its reputation as an investment bank with global reach.