SMBC Group Appoints Former Unilever CEO to Global Advisor Role

Sumitomo Mitsui Financial Group (SMBC Group) appointed Paul Polman, the former CEO of Unilever, to the role of SMBC Group global advisor.

March 21, 2023 Andrew Liveris | Cesar V. Purisima | Joseph Yam | Paul Polman | SMBC Group | Sumitomo Mitsui Financial Group Ian Koplin

Jefferies and SMBC Partner to Collaborate on Corporate/Investment Banking Opportunities

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.

July 15, 2021 Brian Friedman | Citi | Jefferies Group Jefferies Financial | Jun Ohta | Rich Handler | Skadden Arps Slate Meagher & Flom | SMBC Group | SMBC Nikko Securities | Sumitomo Mitsui Financial Group | Yuichiro Kondo Ian Koplin

Ares Management and Sumitomo Mitsui Banking Team Enter Strategic Alliance

Ares Management, Sumitomo Mitsui Financial Group and Sumitomo Mitsui Banking reached a strategic agreement to collaborate on future business opportunities.

March 30, 2020 Ares Management | Citi | Goldman Sachs | Jun Ohta | Kirkland & Ellis | Masahiko Oshima | Michael Arougheti | Michael McFerran | Skadden Arps Slate Meagher & Flo | Sumitomo Mitsui Banking | Sumitomo Mitsui Financial Group Phil Neuffer

Barclays, Deutsche Others Support CD&R American Greetings Buy

Clayton, Dubilier & Rice managed funds are acquiring a 60% ownership stake in American Greetings. The Weiss Family, descendants of Jacob Sapirstein, who founded the company in 1906, will retain a 40% stake in the business. Terms of the transaction were not disclosed.

February 20, 2018 American Greetings | Bank of America Merrill Lynch | Barclays | Citizens Bank | Clauyton | Deutsche Bank Securities | Dubilier & Rice | HSBC Bank USA | ING Capital | KeyBanc Capital Markets | Sumitomo Mitsui Financial Group ABF Journal

Japanese Banks Bid on GE’s Local Commercial Finance Operations

The Wall Street Journal reported several Japanese megabanks submitted nonbinding bids for GE’s Japanese commercial finance operations, which are expected to several billion dollars.

September 4, 2015 GE | Mitsubishi UFJ Financial Group | ORIX | Sumitomo Mitsui Financial Group | Sumitomo Mitsui Trust Holdings Rita Garwood