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Showing 1 - 4 of 4 results for "Sumitomo Mitsui Financial Group"

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... made a heavy presence with the Japan Post Bank (-19.18%), Mizuho Financial Group (-11.33%) and Sumitomo Mitsui Financial Group (-20.59%). Together, the total losses amount to US$635.33 billion in market capitilisation during the COVID-19 outbreak.

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
... Instead, there are early signs banks will just pass the fees onto customers. One Japanese bank, Sumitomo Mitsui Financial Group, has reduced its ordinary-deposit rate to 0.001% from 0.02%. That means the equivalent of a $1,000 deposit at the bank would ...

Market Wrap - Morning

AAP  |  TUESDAY, 10 NOV 2009
... indicators due later this week will be good. But gains were limited by losses in banks such as Sumitomo Mitsui Financial Group after Britain pressed the G20 to come up with a plan to make banks pay for any future bailouts. The benchmark Nikkei, which ...

Market wrap - morning

AAP  |  WEDNESDAY, 23 MAY 2007
... cent. TOKYO - The Nikkei share average gained 0.70 per cent as Sony Corp continued its rally and Sumitomo Mitsui Financial Group jumped on its bright forecast, helping other bank shares to rise. The Nikkei rose 123.18 points to 17,680.05. HONG KONG - ...
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