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Sumitomo Mitsui Financial Grp, Inc. (ADR) (NYSE:SMFG) Looks Forward To Investing In Columbia State Bank

The surge in the financial market, especially in the banking sector has prompted Sumitomo Mitsui Financial Grp, Inc. (ADR)(NYSE:SMFG) to invest in Columbia State Bank. As per the reports, the firm made an announcement on Monday stating that it would 8.84% stake in Financiera de Desarrollo Nacional SA, a well-known Colombian state-run development bank. What’s […]

Investors group wants to buy 90% stake of plane lease- AIG, BX, BCS, & RBS

American International Group, Inc.(NYSE:AIG), the insurer declared to sell 90% stake of its plane leasing unit to New china Trust Co. The investors associated with it in the deal are new china life insurance Co, P3 investment Ltd, ICBC international and china aviation Industrial fund. The deal is finalized at about $5.5 billion, which is […]