trending Market Intelligence /marketintelligence/en/news-insights/trending/7k8dbqi8rzwjxh7ic5i0sa2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Sumitomo Mitsui Trust Bank to transfer asset management functions

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Sumitomo Mitsui Trust Bank to transfer asset management functions

Sumitomo Mitsui Trust Holdings Inc. plans to move wholly owned Sumitomo Mitsui Trust Bank Ltd.'s asset management operations to Sumitomo Mitsui Trust Asset Management Co. Ltd, another wholly owned unit.

The three entities entered into a company split agreement July 27 to transfer the relevant functions, a move that is expected to strengthen the group's asset management business, according to a same-day release.

The integration is set to take effect Oct. 1.

Hideki Hiraki and David Semaya are expected to co-chair the newly integrated Sumitomo Mitsui Trust Asset Management.

As of July 27, Hiraki was the company's president, while Semaya was a non-executive corporate adviser.

Meanwhile, Yoshio Hishida will take over from Hiraki as president Oct. 1. As of July 27, he was an executive officer of Sumitomo Mitsui Trust Holdings and a managing executive officer of Sumitomo Mitsui Trust Bank.

Jiro Araumi, Toshiro Ishizaki, Yasuhiro Yonezawa and Mami Sasaki will be directors of the newly integrated company.

As of July 27, Araumi was a director of both Sumitomo Mitsui Trust Holdings and Sumitomo Mitsui Trust Bank. Ishizaki was a general manager of the internal audit department at Sumitomo Mitsui Trust Holdings, while Yonezawa was a professor at Waseda Business School. Sasaki was a director of Daito Trust Construction Co. Ltd.