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SMFG

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AcronymDefinition
SMFGSumitomo Mitsui Financial Group (Japan)
SMFGSystem Management Functional Group


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? References in periodicals archive
The group also established two corporate rehabilitation funds, Daystar Fund and Japan Endeavor Fund, and set up SMFG Corporate Recovery Servicer with Daiwa SMBC Principal Investments, Development Bank of Japan and Goldman Sachs to help in revitalization of smaller companies held by the Japan Endeavor fund.
40 billion, reflecting a $949 million gain related to the firm's investment in ICBC, $528 million in gains and overrides, primarily from other corporate principal investments, and a $78 million loss related to the firm's investment in SMFG.
The key to the success of the revival plan is the prospective merger with MTFG, and with MTFG's agreeing to provide [yen]700 billion of financial aid, including a package that is effectively a "poison pill" to ward off a hostile takeover bid by SMFG.
 
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