• SMFG

Japan's SMFG expects more than $7.65 billion net profit in FY 2025

Sumitomo Mitsui Financial Group's CEO anticipates over 1.2 trillion yen net profit next year, bolstered by rising corporate activity and online banking success, cautioning against reliance on cross-shareholding sales.

• SMFG

Japan's SMFG lifts profit forecasts after Q2 net income rises 27%

Sumitomo Mitsui Financial Group forecasts a record annual net profit of 1.16 trillion yen, driven by a 27% rise in second-quarter earnings due to higher interest rates.

• C
• GS
• HSBC
• JPM
• MS
• SAN
• SMFG
• UBSG
• WFC

OpenAI secures $4 billion credit line after big funding round

• ANZ
• MUFG
• PNBS
• SMFG

Exclusive-ANZ, Gunawan family consider selling control of Indonesia's Panin Bank, sources say

• SMFG
• UBSG

UBS in talks on Indian minority-owned wealth joint venture, say sources

UBS is negotiating a wealth management joint venture with 360 One WAM to target high net worth individuals in India, expanding its asset management services in the region.

• 8306
• 8411
• CLF
• MT
• SMFG
• USSX34

U.S. Steel's proposed $14.9 billion merger with Nippon Steel

President Biden plans to block Nippon Steel's $14.9 billion bid for U.S. Steel due to national security concerns, facing bipartisan political resistance.