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Topic: Sumitomo Trust and Banking


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In the News (Tue 2 Dec 08)

  
  Eden Hannon & Co. v. Sumitomo Trust & Banking Co. (1990)
Sumitomo noted that because its cost of funds would be cheaper, it could realize a "huge profit." A Sumitomo [**10] "contact report" submitted at the end of November 1988, indicates that Sumitomo officials visited the Xerox plant in Rochester (New York, presumably) to view the equipment that would be bid on in the December portfolio.
Sumitomo could still invest in a bid won by a competitor of EHC; it could use this information internally in order to put together its own bid for lease portfolios offered by companies other than Xerox; and Sumitomo could bid directly for PAS portfolios in approximately three or four years after the Agreement was signed.
Sumitomo claimed that this suit was brought solely for the purpose of harassing Sumitomo, and by harassing competitors, to monopolize the market for PAS portfolio purchases.
www.law.uconn.edu /homes/swilf/ip/cases/eden.htm   (5055 words)

  
 FRM Enters Into Formalized Strategic Relationship With Sumitomo Trust & Banking Co., Ltd.   (Site not responding. Last check: 2007-10-11)
STB was one of the earliest institutions to invest with FRM and today is one of the principal investors in funds managed by the FRM Group.
Established in 1925, The Sumitomo Trust and Banking Co., Ltd. (STB) provides commercial banking, trust banking and real state business and is one of the largest institutional investors in Japan with about 17 trillion Yen of assets under management.
STB is listed on the First Section of the Tokyo Stock Exchange and the Osaka Stock Exchange and has 61 branch offices in Japan and eight offices overseas.
www.forrelease.com /D20050826/1255073.html   (447 words)

  
 Mitsubishi Trust, Sumitomo Trust mull merger
TOKYO, FEB 12: Japan's Mitsubishi Trust and Banking Corp and Sumitomo Trust and Banking Co Ltd are considering a merger to create the country's biggest bank, a report said today.
Japan's two largest trust banks were examining the possibility of integrating their computer systems and operations such as custody services and securities agency work, said the report.
Neither of the two trust banks would confirm the report, with officials from each saying they would issue statements later in the day.
www.expressindia.com /ie/daily/19990213/ibu13050.html   (154 words)

  
 Ibm crm banking   (Site not responding. Last check: 2007-10-11)
IBM DecisionEdge for Campaign Management allows marketing executives at Sumitomo Trust and Banking Company, Ltd. for the first time to establish meaningful "dialogues" with their customers by pre-planning and managing multi-step, multi-channel marketing campaigns.
Japan's Sumitomo Trust and Banking Company, Limited Sumitomo Trust & Banking Co. Ltd, one of Japan's largest institutional investors, with approximately 12 Trillion Yen under investment, is one of the first customers using IBM's DecisionEdge for Campaign Management.
Sumitomo implemented a new marketing data warehouse to match targeted offers to its more than 3.5 million clients at the right time in their life cycles.
yxwww.s31.xrea.com /ibm-crm-banking.html   (1175 words)

  
 Finextra: Sumitomo Trust & Banking USA selects SimCorp's IT/2 for FX processing
Sumitomo Trust & Banking Co. (U.S.A.) provides global custody services and securities lending services to its customers.
In order to support a variety of its customer's trading scenarios, Sumitomo Trust & Banking Co. (U.S.A.) has decided to invest in FX process automation to increase the efficiency of existing business processes and enable the business to grow.
Following a detailed evaluation, Sumitomo Trust & Banking Co. (U.S.A.) found the FX deal processing and integration capabilities of IT/2 comprehensively met their needs and provided many opportunities to extend process automation.
www.finextra.com /fullpr.asp?id=8039   (268 words)

  
 [No title]   (Site not responding. Last check: 2007-10-11)
The Sumitomo Trust & Banking Co., Ltd. raised its midterm dividend forecast from JPY 12 per share for the fiscal year ended March 31, 2006 to JPY 15 per share for the fiscal year ending March 31, 2007.
The Sumitomo Trust & Banking Co., Ltd. announced that it has raised its full-year consolidated ordinary profit forecast from JPY 730 billion to JPY 790 billion for the fiscal year ended March 31, 2006 due to the increased service revenue.
The Sumitomo Trust & Banking Co., Ltd.: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
today.reuters.com /stocks/keydevelopments.aspx?symbol=8403.T   (504 words)

  
 [No title]   (Site not responding. Last check: 2007-10-11)
SUMITOMO TRUST AND BANKING CO LTD (Tokyo Stock Exchange - TOKSE:8403.T) Sector: Financial
The Sumitomo Trust & Banking Co., Ltd. is a Japan-based trust bank mainly engaged in the provision of financial services.
BRIEF: For the FY ended 31 March 2006, The Sumitomo Trust & Banking Co., Ltd.'s interest income increased 12% to Y271.36B.
today.reuters.com /stocks/overview.aspx?symbol=8403.T   (350 words)

  
 Finextra: Sumitomo Trust & Banking joins State Street's FX Connect
Sumitomo Trust & Banking joins State Street's FX Connect
Sumitomo Trust is the first Japanese bank to provide liquidity over the FX Connect system, which is available via State Street's Global Link network.
State Street says the multi-bank aspect of FX Connect is becoming increasingly important in the Japanese marketplace as more institutional investors are trading foreign exchange on an active basis with their preferred panel of banks.
www.finextra.com /fullstory.asp?id=9362   (208 words)

  
 Sumitomo Trust & Banking "equal weight" | newratings.com
LONDON, November 25 (newratings.com) - Analysts at Morgan Stanley maintain their "equal weight" rating on Sumitomo Trust & Banking Corporation (ticker: UMI).
Sumitomo Trust & Banking's healthy balance sheet and impressive dividends are likely to have a positive impact on the company's stock in the near term, the analysts say.
The current valuation is based on the uncertainties surrounding the company’s acquisition by UFJ Trust, the analysts explain.
www.newratings.com /analyst_news/article_514654.html   (264 words)

  
 Knight Ridder/Tribune Business News: Sumitomo Trust & Banking Co. May Complete Public Funds Repayment by Year-End.@ ...   (Site not responding. Last check: 2007-10-11)
Sumitomo Trust and Banking Co. May Complete Public Funds Repayment by Year-End.
Oct. 10--TOKYO--Sumitomo Trust & Banking Co. is expected to complete by the end of this year at the earliest repayment of 200 billion yen in public funds it received from the government in 1999, bank sources said Friday.
Sumitomo Trust has decided to move up the repayment schedule, which had been set to be completed by March 31, 2005, as the bank deems its business improvement efforts, such as those through the disposal of bad loans and the strengthening of its capital base, have achieved a certain...
highbeam.com /library/doc0.asp?docid=1G1:108730927&refid=ink_tptd_np   (193 words)

  
 ELA News - Sumitomo Trust & Banking and Matsushita Sign Definitive Agreements on Equity Ownership and Business ...   (Site not responding. Last check: 2007-10-11)
As previously announced on December 22, 2004, this agreement is part of continuing efforts to further enhance and expand MLC's businesses through STB's considerable know-how in the areas of financial and trust-related services, and the Matsushita Group's extensive customer base, while increasing value for customers and overall corporate value for each of the three companies.
-- The value of the MLC shares (approximately 60% of the total issued shares of MLC) to be sold by MEI to STB was determined based on the valuation of all issued MLC shares, equivalent to 81.0 billion yen, which was calculated through due diligence and evaluation by outside financial advisors.
Neither STB nor MEI have revised their respective financial results forecasts for the current fiscal year, ending March 31, 2005.
www.elaonline.com /news/membersonly/news_report.cfm?id=5429   (404 words)

  
 Sumitomo Trust & Banking and Matsushita Reach Basic Agreement on Equity Ownership and Business Operations of ...
Meanwhile, STB, having completed the repayment of public funds and disposal of non-performing loans, is pursuing strategic alliances to expand its customer base, while improving overall profitability.
STB, MEI and MLC believe that this agreement will ultimately result in both increased value for customers and enhanced overall corporate value for each of the three companies.
STB and Matsushita undertake no obligation to publicly update any forward-looking statements after the date of this press release.
www.tmcnet.com /usubmit/2004/Dec/1103564.htm   (1331 words)

  
 sbi internet banking   (Site not responding. Last check: 2007-10-11)
State Bank of India SBI India largest bank banking bankers finance jobs personal banking NRIs VRS insurance forex internet banking deposits SBI HELPLINE NUMBERS For help on Foreign The new partnership with The Sumitomo Trust and Banking aims to establish an Internet bank.
The SBI Group and Sumitomo Trust are combining their management resources to develop and deploy full Banking Technology About SBI And TCS Banking On Technology.
The SBI Group and Sumitomo Trust are combining their management resources to develop and deploy full The new partnership with The Sumitomo Trust and Banking aims to establish an Internet bank.
internet-banking.appleisbetter.info /sbi-internet-banking   (836 words)

  
 Bloomberg.com: Investment Tools
The Sumitomo Trust and Banking Co., Ltd. provides trust banking and commercial banking services including money and pension trusts in Japan, the US, Europe, Asia, and Oceania.
The Bank also provides securities brokerage, leasing, credit cards, and correspondents banking services across the countries.
Unless indicated otherwise: intraday data is at least 15 minutes delayed; mutual fund NAVs are updated at the close of every market day; all prices are in the local currency; Time is ET.
www.bloomberg.com /apps/quote?ticker=8403:JP   (93 words)

  
 CRM Today: Infonet Builds Redundant IP VPN Network for Sumitomo Trust & Banking Co.
New research from TowerGroup finds that institutions that provide a superior, one-to-one customer experience will be able to reduce customer attrition and see their asset growth outpace the competition by 30% - representing more than $360 billion dollars in assets.
The built in redundancy assures bank personnel and clients worldwide that applications and banking transactions can be completed without disruption to day-to-day operations.
Established in 1987 as a 100% subsidiary of The Sumitomo Trust & Banking Co., Ltd. in Japan, Sumitomo Trust & Banking Co. (USA) is a New Jersey state-chartered bank whose deposits are insured by the Federal Deposit Insurance Corporation.
www.crm2day.com /news/crm/EpFZZZlukVaUalpfdM.php   (568 words)

  
 PRESS RELEASE Raxco Software's PerfectDisk Wins the Trust of Sumitomo Trust & Banking Co. (USA) by Improving PC and ...   (Site not responding. Last check: 2007-10-11)
Raxco Software's PerfectDisk Wins the Trust of Sumitomo Trust and Banking Co. (USA) by Improving PC and Server System Performance
The FDIC insured bank, with offices in New Jersey, had previously used another utility software, but discovered that the disk defragger software wasn't thoroughly defragging the hard drives as had been expected.
Originally established in 1987 in New York as a 100% subsidiary of The Sumitomo Trust and Banking Co., Ltd. in Japan, Sumitomo Trust and Banking Co. (U.S.A.), (STBUSA), is now a New Jersey state-chartered bank whose deposits are insured by the Federal Deposit Insurance Corporation.
www.marketwire.com /mw/release_html_b1?release_id=86801   (552 words)

  
 Japan's Sumitomo Trust 'D' BFS rating on review for possible upgrade - Moody's - Forbes.com   (Site not responding. Last check: 2007-10-11)
TOKYO (AFX) - Sumitomo Trust and Banking Co Ltd's bank financial strength rating of 'D' has been placed under review for possible upgrade, Moody's Investors Service said.
The move reflects the continued improvement in Sumitomo Trust's financial fundamentals, particularly its reduction of non-performing assets and stronger equity portfolio, Moody's said.
The bank's credit ratings are not affected by this review, the rating agency added.
www.forbes.com /afxnewslimited/feeds/afx/2006/01/24/afx2471071.html   (357 words)

  
 Sumitomo Trust & Banking Company
Sign up today for email alerts of new market research reports in your industry.
Datamonitor's Sumitomo Trust & Banking Company Company Profile is the essential source for top-level company data and information.
The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
www.marketresearch.com /redirect.asp?productid=1076693&progid=3603   (258 words)

  
 Company Profile: Sumitomo Trust & Banking Company: Overview   (Site not responding. Last check: 2007-10-11)
Company Profile: Sumitomo Trust & Banking Company: Overview
Home > Research > Company Profile: Sumitomo Trust & Banking Company: Overview
This report is FREE for subscribers of the Shibui Intelligence Services.
www.shibuimarkets.com /perl/report?rid=1160845   (178 words)

  
 Raxco Software's PerfectDisk Wins the Trust of Sumitomo Trust & Banking Co. (USA) by Improving PC and Server System ...
Raxco Software, the worldwide leader in disk defragmentation software, announced today Sumitomo Trust and Banking Co. (USA) has purchased PerfectDisk® for 250 workstations and 40 servers, and PerfectDisk for Exchange on four Microsoft® Exchange data store servers.
The software is also the first defragmentation utility certified by Microsoft for Windows® 2000 and Windows Server(TM) 2003, and is fully integrated with Microsoft's Active Directory® services.
Use of this website is subject to our
newsblaze.com /story/2005051706024200003.mwir/topstory.html   (613 words)

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