SMFG weighs acquiring Asia banks to use some of $12 billion surplus capital

Sumitomo Mitsui Financial Group (SMFG) wants to acquire Asian commercial banks, utilising some of the up to $12 billion in surplus capital that Japan's third-largest lender expects to build up over the next five years, its chief executive said.

from Reuters: Money News https://reut.rs/2Cx9AVw
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