New chief of Japan’s SMBC bank ‘actively studying’ acquisition of US bank

Mar 31, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

TOKYO (Reuters) – The new head of Japan’s Sumitomo Mitsui Banking Corp (SMBC) said it is “actively studying” an acquisition of a U.S. bank, as part of efforts to seek a reliable dollar funding source for future growth.