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Sumitomo Mitsui Financial Group announces possible capital raise after forecasting $3.9 billion loss

  • Alston & Bird LLP
  • -
  • Japan
  • -
  • April 9 2009

Today, Sumitomo Mitsui Financial Group (SMFG), one of Japan’s three megabanks, issued an updated forecast for the fiscal year ended March 31, 2009