Global Banking News - 06 April 2026

Sumitomo Mitsui Financial Group Inc (8316:Tokyo) (SMFG) has announced a new vision and medium term management plan.

The firm said that it has launched a new vision and a new medium-term management plan beginning FY2026. The firm is targeting a return of tangible equity (ROTE) of around 15 per cent. The firm is planning to make IT transformation a major management priority.

(C) 2026 Electronic News Publishing, source ENP Newswire