Finally, Assetmark Inc. boosted its position in shares of Sumitomo Mitsui Financial Group by 127.5% during the fourth quarter.

Source: https://www.etfdailynews.com/2023/08/25/keybank-national-association-oh-has-105000-stake-in-sumitomo-mitsui-financial-group-inc-nysesmfg/

It is encouraging that Sumitomo Mitsui Financial has plans in place to reduce its cross-shareholdings.

Source: https://seekingalpha.com/article/4657112-sumitomo-mitsui-financial-stock-fairly-valued?source=feed_all_articles

Mitsubishi UFJ Financial Group lost 0.77% and Sumitomo Mitsui Financial Group slipped 0.51%.

Source: https://www.marketscreener.com/news/latest/Japan-s-Nikkei-drops-as-Credit-Suisse-buyout-fails-to-calm-market-jitters--43287557/?utm_medium=RSS&utm_content=20230319

TOKYO : Sumitomo Mitsui Financial Group (SMFG) said on Tuesday it would post an after-tax loss of $560 million from the sale of its U.S. freight car leasing unit as the Japanese lender embarks on a portfolio review for better capital efficiency.

Source: https://www.channelnewsasia.com/business/japans-smfg-logs-560-million-loss-sale-us-freight-car-leasing-unit-3904111?cid=cna_flip_070214