MA Financial Group, Monroe Capital, and Sumitomo Mitsui Banking Corporation (SMBC) have announced the formation of a new ...

Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC) and MA Asset Management (part of MA Financial Group) announced the formation of a new joint venture (“JV”), which will invest up to US$1.7 ...

Capital raising by Asia-Pac banks recovered in March after slumping in previous month, as major lenders in Japan & Singapore ...

Elsewhere, markets in the region were mostly higher after reports that key U.S. trade officials are set to meet with their ...

Japan’s Sumitomo Mitsui Banking Corp ( SMBC) is close to finalising a deal to acquire a 51% stake in Yes Bank, according to ...

The joint venture, which includes three partnering institutions, is aiming to establish a differentiated platform focused on the US middle market.

Under Indian securities law, a controlling stake acquisition will trigger an open offer, requiring SMBC to offer to buy up to ...

Japan’s Sumitomo Mitsui Banking Corporation is likely to pick up 51% stake in Yes Bank from the scam-hit bank’s shareholders. The Japanese bank is reportedly in talks with several key equity holders ...

“The talks are on between SMBC and YES Bank for acquiring majority stake in the latter. SMBC could pick up to 25 per cent stake in YES Bank, triggering an open offer. The valuation is not yet ...

According to reports, SMBC is in talks with the private lender to acquire a little over 20 per cent stake in the bank, which ...

Japan's Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to buy a stake in India's Yes Bank, the Economic Times ...