Page 7 - Smfg News Today

Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research note issued on Thursday, Zacks.com reports. According to Zacks, “SUMITOMO MITSUI FINANCIAL GROUP, INC., is a financial holding company established through a share transfer from Sumitomo Mitsui Banking Corporation. […]

Bank of America cut shares of Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Rating) from a buy rating to a neutral rating in a research report sent to investors on Monday morning, Marketbeat Ratings reports. Several other research analysts have also issued reports on SMFG. Zacks Investment Research lowered shares of Sumitomo Mitsui Financial Group […]

TOKYO -- Japan's three largest banks will stop financing coal excavation for power generation, seeking to fight climate change by withdrawing support

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG – Get Rating)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $6.54, but opened at $6.38. Sumitomo Mitsui Financial Group shares last traded at $6.35, with a volume of 149,951 shares changing hands. A number of equities analysts have commented […]

Sumitomo Mitsui Financial Group (NYSE:SMFG – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday, Zacks.com reports. According to Zacks, “SUMITOMO MITSUI FINANCIAL GROUP, INC., is a financial holding company established through a share transfer from Sumitomo Mitsui Banking Corporation. As […]

U.S. Capital Wealth Advisors LLC cut its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG – Get Rating) by 21.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392,268 shares of the bank’s stock after selling 107,195 shares during […]

Japanese mega financial institution SMFG has just acquired 49 per cent stake in Vietnams largest consumer finance company FE Credit.

3 Min Read TOKYO (Reuters) - Sumitomo Mitsui Financial Group (SMFG) is likely to halt new financing for any coal-fired power plants, sources close to the matter said, reflecting increasing pressure on Japanese lenders to cut coal funding. FILE PHOTO: A man walks past a sign board of Sumitomo Mitsui Banking Corporation, part of Sumitomo Mitsui Financial Group Inc (SMFG) outside its branch in Tokyo, Japan, January 27, 2017. REUTERS/Toru Hanai While SMFG has said it would not finance new coal-f...