Citigroup Inc.'s (C) efforts to streamline its international operations continues as the Wall Street banking giant inked a deal to vend its Japanese credit-card unit to Sumitomo Mitsui Trust Bank Ltd
Citi Sells Citi Cards Japan to Sumitomo Mitsui Trust Bank
Citi today announced that it has reached a definitive agreement to sell 100% of the shares of Citi Cards Japan, Inc. , the exclusive issuer of Diners Club cards in Japan, to Sumitomo Mitsui Trust Bank, Limited .
Citigroup Inc. (C) is in final discussions to vend its Japanese credit-card unit to Sumitomo Mitsui Trust Bank Ltd.
Mitsui & Co has taken a 15 percent stake in unlisted Turkish packaging firm Sarten, as the Japanese trading house looks to take advantage of Turkey's economic growth and proximity to Europe and the Middle East. Turkey is seen as attractive destination given its location, years of solid growth and manufacturing capability. Mitsui has acquired the stake from Sarten's founding family, which still ...
LONDON--(BUSINESS WIRE)--This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme. Change of Representative Director At a meeting of the Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President & CEO: Masami Iijima) Board of Directors held on January 20, 2015 the Board resolved to appoint Masami Iijima to the position of Chairman and Director, effective April 1, 2015 ...
NEW YORK – Mitsui Fudosan Co., Mitsubishi Estate Co. and a handful of other foreign developers are taking stakes in major real estate projects such as high-rises and commercial properties in New York as the U.S. economy recovers.
LONDON--(BUSINESSWIRE)-- This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme. Mitsui invests in North America-based Penske Truck Leasing Co., L.P. Mitsui & Co., Ltd. (“Mitsui”, ...
Sumitomo Mitsui Financial Group Inc. is hiring staff at its investment banking unit as it competes with more established names such as Nomura Holdings Inc. for bond and share deals.
Mumbai, March 12 (IANS) Japanese Sumitomo Mitsui Trust Bank Limited has acquired a 2.77 percent stake in India's Reliance Capital for Rs.371 crore, the latter said on Thursday. In a statement issued here, Reliance Capital - part of the Anil Ambani-led Reliance group - said the entire proceeds of Rs.371 crore ($58.4 million) has been received from Sumitomo Mitsui Trust Bank. Sumitomo Mitsui Trust ...