Nomura resumed coverage of Sumitomo Mitsui with a rating of Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/20/2023 | Buy → Neutral | Goldman | |
| 11/1/2022 | Buy | Nomura | |
| 6/23/2022 | Neutral → Buy | BofA Securities | |
| 4/11/2022 | Buy → Neutral | BofA Securities |
4 - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Reporting)
3 - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Reporting)
3 - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Reporting)
SMBC Group today announced the appointment of Juan (JC) Kreutz as Americas Head of Structured Finance Solutions and Deputy Head for the Americas business. Based in New York, JC will oversee the bank's structured product businesses, including project finance debt & advisory, real estate finance, leveraged finance, fund finance, transportation, leasing, and global trade finance, while also overseeing SMBC's Latin America region. "JC has made a significant impact on the SMBC Americas business in his 10-plus years with the bank, helping to sustain SMBC's leading position in U.S. project finance and advisory, while also growing our footprint in Latin America," said Hirofumi Otsuka, Chief Exe
Joint Venture to Combine Equities and ECM Businesses in Japan Expanding Joint Coverage of Larger Sponsors In EMEA, Implementing Joint Origination, Underwriting and Execution of Syndicated Leveraged Finance for These Clients SMBC to Increase Equity Ownership in Jefferies to up to 20% in the Open Market SMBC to Provide Jefferies Approximately $2.5 Billion in New Credit Facilities to Support Jefferies and to Facilitate Collaboration Efforts Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") and Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG"), Sumitomo Mitsui Banking Corporation ("SMBC"), and SMBC Nikko Securities Inc. ("SMBC Nikko") (collectively, "SMBC Group") annou
The Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced that Nick Stevenson has joined the bank as Group Head of technology, media, and telecommunications (TMT) corporate and investment banking (CIB) as SMBC continues to grow and diversify its Americas business. A managing director based in New York and reporting to CIB Co-Heads Stephanie Bowker and Yoshiyuki Natsuyama, Nick will focus on expanding the bank's TMT business and leading a team of bankers covering SMBC clients across the space. Nick brings over three decades of experience in CIB to SMBC, including 24 years at RBC Capital Markets, where he most recently served as Global Head of media, communications,
6-K - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Filer)
6-K - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Filer)
6-K - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Filer)
4 - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Reporting)
Goldman downgraded Sumitomo Mitsui from Buy to Neutral
Nomura resumed coverage of Sumitomo Mitsui with a rating of Buy
BofA Securities upgraded Sumitomo Mitsui from Neutral to Buy
SMBC Group today announced the appointment of Juan (JC) Kreutz as Americas Head of Structured Finance Solutions and Deputy Head for the Americas business. Based in New York, JC will oversee the bank's structured product businesses, including project finance debt & advisory, real estate finance, leveraged finance, fund finance, transportation, leasing, and global trade finance, while also overseeing SMBC's Latin America region. "JC has made a significant impact on the SMBC Americas business in his 10-plus years with the bank, helping to sustain SMBC's leading position in U.S. project finance and advisory, while also growing our footprint in Latin America," said Hirofumi Otsuka, Chief Exe
Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") today announced the appointment of the Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG") President and Group Chief Executive Officer, Toru Nakashima, to Jefferies' Board of Directors effective August 12, 2024. The appointment of Mr. Nakashima further strengthens the strategic alliance between Jefferies and the SMBC Group first announced in 2021 and then further expanded in 2023 and 2024. Consistent with agreements between Jefferies and Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC intends to increase its economic ownership of Jefferies to up to 15% on an as-converted and fully diluted basis, and recently increased its
Sumitomo Mitsui Banking Corporation (SMBC) today announced the appointment of Mark Corteil as Chief Risk Officer for the Americas Division. In this role, Mark will serve on the Americas executive team and lead the firm in developing and maintaining a robust risk management framework, while embedding a strong culture of risk awareness and ownership across the Americas. "Mark has made a significant impact as a member of our risk management team and has consistently demonstrated a capacity for leadership," said Hirofumi Otsuka, Chief Executive Officer, SMBC Americas Division. "His deep knowledge of the space will help SMBC meet the demands of an evolving risk landscape as we continue to gr
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SC 13G - SUMITOMO MITSUI FINANCIAL GROUP, INC. (0001022837) (Filed by)
Jefferies and SMBC Group's Strategic Alliance Expands to Additional Businesses, Including a Full Suite of Capabilities for U.S. Investment Grade Companies, to Further Enhance Investment Banking Services to Our Broad Client Base Jefferies and SMBC Group to Combine U.S. Equities and M&A Efforts under Jefferies SMBC Intends to Increase Economic Ownership to Up to 15% of Jefferies By Purchasing Shares and Will Designate One Jefferies Director Jefferies Financial Group, Inc. (NYSE:JEF) ("Jefferies") and Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) ("SMFG"), Sumitomo Mitsui Banking Corporation ("SMBC"), SMBC Nikko Securities Inc. ("SMBC Nikko"), and SMBC Nikko Securities America Inc. (
SMBC and SMBC Nikko Securities America, Inc., members of SMBC Group, announced the completed execution of one the largest private placements in Latin America in recent history, refinancing Innergex's Chilean platform, with several businesses playing integral roles in the deal's success. The deal involved the close of Aela Generación S.A.'s $710MM green bond issuance, the proceeds of which were used to partially finance the Aela acquisition, refinance all existing debt in a portfolio of 609MW, and fund the installation of a battery energy storage system. "The closing of this transaction demonstrates the well-coordinated effort among several deal teams that brought market-leading execution o