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Japan's largest banking group Mitsubishi UFJ Financial Group clocked a record annual net profit even as fourth-quarter profit ...
Talk of big fiscal spending and a subsequent spike in super-long yields are raising questions over just how quickly the Bank ...
Capital raising by Asia-Pacific banks recovered in March as major lenders in Japan and Singapore tapped the debt market amid ...
According to a report by Mint, SMBC has secured the RBI’s nod to become a majority stakeholder in Yes Bank. The proposed transaction may value the lender at approximately $1.7 billion, the ...
Yes Bank's shares surged following Sumitomo Mitsui Banking Corporation's agreement to acquire a 20% stake for Rs 13,483 crore. This significant deal, five years after Yes Bank's rescue ...
(Image: Reuters) YES Bank’s share price rallied 8.4% to an intra-day high of Rs 21.70 on the National Stock Exchange. The stock price increased after Japan’s Sumitomo Group agreed to acquire ...
Japan is one of a handful of countries in talks with President Trump about averting steeper tariffs.
Japan's Sumitomo Mitsui Banking Corp. (SMBC) has secured Reserve Bank of India's (RBI) go-ahead to acquire 51% in private lender Yes Bank, two people aware of the development said. SMBC will ...
Sumitomo Mitsui Banking Corp (SMBC) is nearing a deal to acquire a major stake in Yes Bank, potentially triggering an open offer for an additional 26% stake and making SMBC the largest shareholder.
TOKYO -- Japan's top three banks are set to report combined net profit of roughly 3.9 trillion yen ($26.3 billion) for the year ended March, a 25% gain propelled by sales of cross-held shares and ...
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual ...