Sumitomo Mitsui Banking Corporation

BXP Exercises $315.0 Million Accordion Feature Increasing Its Revolving Credit Facility Capacity to More Than $1.8 Billion

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星期一, 十月 2, 2023

REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Banco Bilbao Vizcaya Argentaria, Exercise, EVP, BPLP, CFO, Partnership, Sumitomo Mitsui Banking Corporation, M&T Bank, NYSE, Bank, BXP

The facility currently has no outstanding balances.

Key Points:

The facility currently has no outstanding balances.
“We are pleased to expand our borrowing capacity and increase the number of participants in our credit facility.
The original accordion feature provided BPLP with an option to increase commitments by up to $500.0 million.
Following this accordion exercise, BPLP could increase total commitments under the facility by up to an additional $185.0 million, subject to certain conditions.

Manufacturers Bank Announces Plans to Rebrand as SMBC MANUBANK

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星期四, 九月 28, 2023

Personal Finance, Other Manufacturing, Finance, Consulting, Banking, Small Business, Professional Services, Manufacturing, Sumitomo Mitsui Banking Corporation, SMBC, History, Commercial bank, Trust, Bank, Gateway, Growth

Manufacturers Bank, a subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced that it will be changing its name to SMBC MANUBANK as it expands into new markets and industries, and highlighting its decades-long affiliation with Sumitomo Mitsui Banking Corporation, a global leader in finance and innovation.

Key Points:

Manufacturers Bank, a subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced that it will be changing its name to SMBC MANUBANK as it expands into new markets and industries, and highlighting its decades-long affiliation with Sumitomo Mitsui Banking Corporation, a global leader in finance and innovation.
Earlier this year, the bank launched Jenius Bank, a digital division catering to U.S. consumers nationwide that offers personal loans with plans to provide savings accounts and a mobile app in the coming months.
“The rebranding of Manufacturers Bank demonstrates our commitment to building strong client and community relationships across SMBC Group.”
“We’re proud to be part of SMBC’s rich history and legacy of trust, strength, and stability spanning more than 400 years,” said Manufacturers Bank Chairman and Chief Executive Officer, Kazuhisa Miyagawa.
“Our focus heading into the bank’s new era as SMBC MANUBANK is to be the Gateway to Growth for our clients, communities, and colleagues,” said Sander Pruijs, Manufacturers Bank President.

Manufacturers Bank Appoints Olga Tsokova as Chief Financial Officer

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星期二, 九月 19, 2023

Banking, Professional Services, Finance, JPMorgan Chase, Sumitomo Mitsui Banking Corporation, SMBC, Ernst & Young, Multimedia, Accounting, Investment, City National Bank, CFO, Bank, First Republic Bank, Management

Manufacturers Bank, a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) Americas Holding Inc., a member of the SMBC Group, announced today the appointment of Olga Tsokova as Chief Financial Officer.

Key Points:

Manufacturers Bank, a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) Americas Holding Inc., a member of the SMBC Group, announced today the appointment of Olga Tsokova as Chief Financial Officer.
View the full release here: https://www.businesswire.com/news/home/20230919261733/en/
Manufacturers Bank Appoints Olga Tsokova as Chief Financial Officer (Photo: Business Wire)
A Managing Director, Ms. Tsokova will lead the buildout of a strategic finance framework for the bank that incorporates short- and long-term funding needs, investments, cash flows, profitability, and financial position to meet business objectives.
She will report to Sander Pruijs, President of Manufacturers Bank, and Rick Davison, SMBC U.S. CFO and CFO of SMBC Americas Holdings, Inc., and serve as a member of the Manufacturers Bank Management Committee.
“Streamlining our systems and processes to increase our client centricity allows us to focus on solutions to help achieve their financial goals.”
Before joining Manufacturers Bank, Ms. Tsokova served as Executive Vice President, Deputy CFO and Chief Accounting Officer at First Republic Bank (currently part of JPMorgan Chase), where she oversaw the bank’s financial operations with direct supervision of accounting.

Public Storage Announces Closing of Simply Self Storage Acquisition

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星期三, 九月 13, 2023

Public Storage (NYSE:PSA) (the “Company”) announced today that it has completed the previously announced acquisition of Simply Self Storage (“Simply”) from Blackstone Real Estate Income Trust, Inc. (“BREIT”) for $2.2 billion.

Key Points:

Public Storage (NYSE:PSA) (the “Company”) announced today that it has completed the previously announced acquisition of Simply Self Storage (“Simply”) from Blackstone Real Estate Income Trust, Inc. (“BREIT”) for $2.2 billion.
Public Storage is deploying its industry-leading brand and operating platform to drive customer recognition and enhance performance.
Public Storage funded the acquisition by utilizing its growth-oriented balance sheet to issue $2.2 billion of senior unsecured notes and quickly closed the transaction in a well-coordinated effort with the Simply and Blackstone teams.
Public Storage is a leader in its space and will be an excellent steward of this portfolio.”
Eastdil Secured served as financial advisor to Public Storage, and Wachtell, Lipton, Rosen & Katz and Hogan Lovells US LLP acted as legal advisors.

Zephyr Releases PSN Top Guns List for Q2 2023 Highlighting Best-In-Class Separate Accounts, Managed Accounts and Managed ETF Strategies

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星期三, 九月 6, 2023

Universe, INF, Database, LSE, SMA, Sumitomo Mitsui Banking Corporation, Informa, ETF, Wealth management, Fundamental, PSN, Financial adviser

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Zephyr, a subsidiary of Informa plc (LSE: INF), and a recognized leader in investment management technology for wealth managers and advisors, has released its highly anticipated PSN Top Guns List for Q2 2023. The list is an important reference for plan sponsors, investors and asset managers, showcasing the best performing separate accounts, managed accounts, and managed ETF strategies each quarter. Zephyr PSN is the longest running SMA database in the world and leads the way in providing unbiased, high quality, detailed information across 2000 data points.

Key Points:

The list is an important reference for plan sponsors, investors and asset managers, showcasing the best performing separate accounts, managed accounts, and managed ETF strategies each quarter.
Zephyr PSN is the longest running SMA database in the world and leads the way in providing unbiased, high quality, detailed information across 2000 data points.
The complete list of PSN Top Guns and an overview of the methodology, can be found here .
If you would like to learn more about becoming a part of the PSN database or would like to subscribe to PSN data, visit PSN .

ACAMS Assembly Conference Bolsters Japan's Financial-Crime Fight with Expert Guidance on Corporate Transparency, Sanctions, and More

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星期五, 九月 1, 2023

TOKYO, Aug. 31, 2023 /PRNewswire/ -- ACAMS, a leading international membership organization dedicated to the fight against illicit finance, will host a unique 2-day educational conference and networking event beginning on September 20th at the Grand Hyatt Tokyo in support of Japan's anti-financial crime (AFC) regime and its efforts to clamp down on money laundering, sanctions evasion, fraud and other criminal activity.

Key Points:

Rick McDonell, ACAMS Executive Director and the former Executive Secretary of the Financial Action Task Force (FATF), and Dr. Justine Walker, ACAMS Global Head of Sanctions, Compliance and Risk, will moderate high-level discussions on pressing compliance topics, including:
"As Japan continues to strengthen its AFC regime in line with FATF's recommendations, it's critical that the public and private sectors come together to share their knowledge on the best path forward," said ACAMS CEO Scott Liles.
"By convening leading experts in illicit finance, The Assembly Japan will drive impactful conversations, forging strong partnerships to effectively combat criminal networks."
In addition to having opportunities to pose their compliance questions directly to speakers, attendees will also have the chance to network with industry peers, experts, and other stakeholders.
For more information on The Assembly Japan, including access to the agenda and registration portal, please visit: https://www.acams.org/en/events/the-assembly/the-assembly-japan .

Odaily’s Interview with Seihaku Yoshida Unveils the Potential of Japan’s Web 3 Market.

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星期一, 八月 28, 2023

In the interview, Seihaku Yoshida discussed HashPort's development history and the status quo of the Japanese blockchain gaming market.

Key Points:

In the interview, Seihaku Yoshida discussed HashPort's development history and the status quo of the Japanese blockchain gaming market.
Seihaku Yoshida: I founded HashPort in 2018 and have been working in the blockchain field ever since.
Seihaku Yoshida: Let's first discuss the development challenges faced by the blockchain gaming industry.
Seihaku Yoshida: Speaking of "THE LAND," we are challenged to create a "Play-to-Earn" Metaverse game that complies with Japanese regulations.

Hitachi: Commencement of Joint Studies on Business Initiatives Towards the Development of Sustainable Finance

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星期四, 五月 25, 2023

Hitachi, Communication, Insurance, Disclosure, Eye, Nippon Life, Environment, MUFG Bank, Sumitomo Mitsui Banking Corporation, Cryptocurrency, Renewable energy, Online shopping, ESG

In this manner, we will conduct studies jointly towards formal launch of the services in the future.

Key Points:

In this manner, we will conduct studies jointly towards formal launch of the services in the future.
ESG investment has been expanding rapidly in recent years against the backdrop of a growing interest in ESG (Environment, Social, and Governance).
This will support the expanding ESG investment and market and contribute to the development of a healthy market.
The association will verify the usefulness of the platform and promote joint examinations towards the formal launch of the services.

Griffin Global Asset Management Holdings, Ltd. Closes $525 Million Unsecured Revolving Credit Facility

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星期一, 八月 7, 2023

LLP, Bank of Montreal, PNC Financial Services, BofA Securities, Lead arranger, Milbank, Barclays, Bank of America, Creditor, Citibank, National Association, Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Hughes Hubbard & Reed, Aircraft, Security (finance)

DUBLIN, Ireland, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management Holdings, Ltd. (“Griffin Corporate”) announces the closing of a 3-year unsecured revolving credit facility for $525 million.

Key Points:

DUBLIN, Ireland, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management Holdings, Ltd. (“Griffin Corporate”) announces the closing of a 3-year unsecured revolving credit facility for $525 million.
Mizuho Bank, Ltd. acted as Administrative Agent and Lead Arranger for the unsecured revolving credit facility.
“We are delighted to announce the closing of our unsecured revolving credit facility, which is an important milestone in building an investment grade balance sheet.
This $525 million facility provides Griffin Corporate with flexible and attractively priced capital as we continue to deliver new aircraft.

HashPort Group Collaborates with Expo 2025 to Innovate Japan through Blockchain

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星期三, 八月 2, 2023

Tokyo, Japan, Aug. 02, 2023 (GLOBE NEWSWIRE) -- In the past few years, Japan has been strategically facilitating the Web3 revolution.

Key Points:

Tokyo, Japan, Aug. 02, 2023 (GLOBE NEWSWIRE) -- In the past few years, Japan has been strategically facilitating the Web3 revolution.
HashPort Group, as a leader in the core players of the Japanese Web3 market, is constantly expanding its territory and gradually realizing its concept of "innovating Japan with blockchain”.
As the only blockchain company selected as one of the "100 startups with a track record of cooperation with the Ministry of Economy,Trade and Industry in the Japan market, we will leverage the technical capabilities of the HashPort Group to promote the Web3 revolution in Japan through Expo 2025."
Cutting-edge exploration: Launch of THE LAND ELF Crossing, a Metaverse Farming Blockchain Game
As one of the most critical areas for blockchain to become mainstream, blockchain games have long been on the radar of HashPort Group.