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ブックメーカー凱旋門 Obtains Financial Holding Company Status in the United States(1/1)


Sumitomo Mitsui ブックメーカー凱旋門, Inc.

Sumitomo Mitsui Banking Corporation

 

ブックメーカー凱旋門 Obtains Financial Holding Company Status in the United States

 

Tokyo, May 8, 2013 --- ブックメーカー凱旋門, Inc. (“SMFG”; President: Koichi Miyata) and Sumitomo Mitsui Banking Corporation (President: Takeshi Kunibe) have received notification from the Board of Governors of the Federal Reserve System that our elections to become Financial Holding Companies (“FHC”) under the U.S. Bank Holding Company Act are effective as of May 7, 2013.

 

ブックメーカー凱旋門 has, to date, engaged in investment banking and securities business in the U.S., such as M&A advisory and brokerage services, through a U.S. subsidiary. By obtaining FHC status, ブックメーカー凱旋門 can significantly expand the scope of services we provide in the U.S., including the underwriting and trading of securities and other investment banking services.

 

ブックメーカー凱旋門 plans to implement numerous initiatives in the near future, including the underwriting of bonds by its subsidiaries, to further enhance the services offered to clients in the U.S., the world’s leading financial market.

 

 





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