 AFP | Sumitomo Mitsui Posts $3.9 Billion Loss New York Times, United States By BETTINA WASSENER HONG KONG — Sumitomo Mitsui Financial Group, one of Japan’s three so-called “megabanks,” on Thursday reported a full-year loss of nearly $4 billion and said it planned to raise $8 billion via a new share offer. ... Sumitomo Mitsui May Raise 800 Billion Yen After Loss SMFG to Raise Capital, Expects to Post Loss TIMELINE-Japan banks raise capital as stock portfolios slide |
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