Sumitomo Mitsui Weighs Broader Expansion in India's Low-Tax Hub [Yahoo! Finance]
SUMITOMO MITSUI TR S/ADR (SUTNY)
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Source: Yahoo! Finance
Most Read from Bloomberg BlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSE S&P 500 Hits 25th Record This Year as Tech Soars: Markets Wrap SEC Hedge Fund Fee Disclosure Rule Struck Down by US Court Nvidia Tops $3 Trillion in Value, Leapfrogging Past Apple Goldman Sees ‘Wall of Money' Fueling Stock Market's Summer Party Japan's second-biggest bank plans to start its Gujarat International Finance Tec-City branch likely in July with around 10 people, through a mix of hires and relocations, said Rajeev Kannan, the lender's co-head of Asia Pacific based in Singapore. The number could rise over time, he said. The bank's operation will begin with booking loans, but eventually may expand to include trade finance and global markets business, he said. “There is an opportunity to grow that, depending on how we see the growth of the market,” said Kannan, a corporate and investment banker who joined the lender in 1997. “In the future, it could become a much larger fin
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