Sumitomo Mitsui Banking Corporation
30 Of The Biggest Trading Losses Of All Time
Here's a league table of 30 of the biggest trading losses of all time (excluding CDO losses post 2007).
Wells Fargo May Send Jobs Overseas After Firmwide Review
Wells Fargo, a firm looking to trim more than $1.7bn in quarterly expenses by the end of this year, may move some jobs overseas.
Moelis & Co, Sumitomo Mitsui Banking Corporation, & SMBC Nikko Securities Strengthen Strategic Alliance
Moelis & Co, Sumitomo Mitsui Banking Corporation , and SMBC Nikko Securities Inc., a wholly-owned subsidiary of SMBC, has announced that they have signed an agreement to strengthen their existing business alliance, and for SMBC to invest approximately $93m in Moelis & Company.
Featured Deal For CHICAGO
Two Water Park Passes at Vernon Hills Park District Family Aquatic Center
Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.
Rogues and Fat Fingered Traders
We thought we'd take a quick look at those traders whose unauthorized actions have led to their firms incurring substantial losses, or worse - losses caused as a result of a foul-up.
Hiring Hot Spots
Here's a round up of some of what firms have been doing on the hiring front over the last few months, together with details of appointments to key positions.
More Hiring News
Bloomberg reports that Sumitomo Mitsui Financial Group plans to start brokerage businesses in both London and New York in the next 6 months through its Nikko Cordial Securities unit.
Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking.