SMBC

SMBC is the Sumitomo Mitsui Banking Corporation, a major Japanese multinational banking and financial services holding company. It operates globally, providing a range of financial services including commercial banking, investment banking, and asset management.

Why it’s in the news: It is in the news due to its strategic investments in Asia, including increasing its stake in a Vietnamese bank and funding technology startups like fileAI.

Latest on SMBC

• SMBC Indonesia pivots to wealthier millennials to drive growth
• Exclusive-Japan's SMBC in talks to increase stake in Vietnam's VPBank, sources say
• fileAI expands in Japan with new backing from SMBC and Singtel Innov8
• SMBC Asia Rising Fund and Singtel Innov8 Back fileAI as Enterprise AI Adoption Accelerates Across Asia
• Centricity raises Rs 280 Cr in Series A led by SMBC Asia Rising Fund
• CMBI, SMBC back Whale’s US$40M Series C extension for enterprise AI expansion

Connections

13 entities linked to SMBC across the news graph.