SMFG (8316 JP): Close But No Cigar (1Q FY3/2020 Results Comment)
1Q FY3/2020 results for Sumitomo Mitsui Financial (8316 JP) represented a small YoY decline at the consolidated net profit level. The group’s...
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Suruga Bank (8358 JP): Purging the Augean Stables 2019: Part 7 - Executive Executions
Full details are finally starting to emerge of the extent of the destruction to once-proud Suruga Bank Ltd (8358 JP)‘s balance-sheet and reputation...
653 Views
SMFG (8316 JP): On Target But Drifting Off Radar
Consolidated results for the nine months to end-December 2018, announced by SMFG (8306 JP) on 31 January 2019, represented 91% of management’s...
465 Views
Suruga Bank (8358 JP): Purging the Augean Stables 2018 - Part 6: Catharsis?
The slow-motion ‘train wreck’ that is the once-proud Suruga Bank Ltd (8358 JP) ploughs on along its path of self-destruction. Interim results were...
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SMFG (8316 JP): Standing Out in a Crowd
Interim results announced by Sumitomo Mitsui Financial (8316 JP) on 14 November 2018 represented 68% of management’s full-year target of ¥700...
466 Views