Japan's Sumitomo Mitsui to add 250 staff abroad for investment banking push

Japan's Sumitomo Mitsui to add 250 staff abroad for investment banking push

Pedestrians walk past a Sumitomo Mitsui Banking Corp. branch in Tokyo, Japan, on Monday, Jan. 26, 2015. Photographer: Tomohiro Ohsumi/Bloomberg

Sumitomo Mitsui Financial Group Inc. plans to add about 250 positions to its securities business abroad over the next three years to boost investment banking and make up for slumping loan profitability at home.

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