Latest news for Sumitomo Mitsui Trust (OTC:CMTDF) Stock

Sumitomo Mitsui Trust Holdings is the fifth-largest Japanese bank by assets and revenue, with a market share of domestic loans of 3.1% as of March 2024. It is the only remaining standalone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTH is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.

SUMITOMO MITSUI TR GRP by Sumitomo Mitsui Trust Group, Inc.

Sumitomo Mitsui Trust Group Inc

Harris Associates Japan Strategy Q1 2024 Commentary

Sumitomo Mitsui Holdings (JP:8309) has released an update. Sumitomo Mitsui Trust Holdings, Inc. has outlined its dedication to robust corporate gov...

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