Manufacturers Bank will change its name to SMBC MANUBANK as it expands into new markets and industries, highlighting its decades-long affiliation with Sumitomo Mitsui Banking.
Sumitomo Mitsui Financial Group (SMBC Group) appointed Paul Polman, the former CEO of Unilever, to the role of SMBC Group global advisor.
SMBC, a member of SMBC Group, appointed Debbie Freer chief operating officer for the Americas on April 1. Freer first joined SMBC in April 2019 as chief strategy officer and head of the strategy and transformation department.
Paul Spivack joined SMBC Nikko Securities America, a member of SMBC Group, as managing director and deputy head of capital markets. Spivack joined SMBC Nikko Securities America from Morgan Stanley, where he spent the past 17 years.
Scott Ashby joined SMBC Nikko Securities America, a member of SMBC Group, as managing director, head of capital markets and investment banking and senior deputy president. Ashby joined the firm from Morgan Stanley, where he spent the past 24 years.
Andrew Bauch joined the U.S. equities research team at SMBC Nikko Securities America, a member of SMBC Group, as a director and senior research analyst covering the payments, processors and financial technology sector.
Jefferies Financial Group and Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking and SMBC Nikko Securities (collectively, SMBC Group) entered into an alliance to collaborate on future corporate and investment banking business opportunities.