Sumitomo Mitsui Financial Group (SMFG)

SMBC Capital Markets Hires Shrikar Shah to Lead Interest Rates Structured TradingApril 23, 2026 10:10 AM
Business Wire
SMBC Capital Markets, Inc., a member of SMBC Group, has announced the appointment of Shrikar Shah as Head of Interest Rates Structured Trading, advancing the firm’s global Macro Rates platform and broader sales and trading business.


A managing director based in New York and reporting to Gagan Sobti, Head of Macro Rates Trading, Shrikar will lead SMBC's Interest Rates Structured Trading desk. He will be responsible for building and expanding the firm’s structured bond business, including platform development, product strategy, and governance, working closely with Partha Nandi, Head of Structured Solutions Sales and Trading.


Shrikar brings more than 20 years of structured products experience to SMBC, with deep expertise in interest rate structured notes, issuance, trading, and platform build-out. Most recently, he was an Executive Director at Morgan Stanley, where he led U.S. fixed income structured notes trading across rates, FX, commodities, and hybrid products. During his tenure, he built and scaled multiple structured issuance platforms, including the launch of a bank CD platform that grew to multi-billion-dollar annual issuance volumes.


“This hire represents an important step in strengthening our global macro rates platform and building new growth businesses in the Americas,” said Masahito Nonaka, Head of Global Markets for SMBC Americas.


About SMBC Group


SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges.


In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Americas Holdings, Inc., SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. (collectively, SMBC Group Americas Division).


For more information, please visit www.smbcgroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423802601/en/
MediaRelationsAmericas@smbcgroup.com


Original: SMBC Capital Markets Hires Shrikar Shah to Lead Interest Rates Structured Trading

SMBC Americas Announces Global Transaction Banking Platform Available for U.S. ClientsApril 22, 2026 9:09 AM
Business Wire
Online banking portal integrates client feedback into a differentiated user experience – built and optimized by client insights


SMBC Americas today announced the launch of cash management and payments capabilities as part of SMBC Connect, a new brand designed to support the payment and liquidity management needs of global clients. The offering aims to enhance control, transparency, and efficiency in clients’ operations.


Available to U.S. clients today, SMBC Connect includes an online banking portal and will progressively roll out additional services across North America.


"Cash management systems should be as intuitive and frictionless as the apps on our smartphones," said Craig Vaream, Head of Cash Management for SMBC Americas. "SMBC built this platform from the ground up, based on feedback from dozens of clients, to ensure our offering is best-in-class for the control, transparency, and efficiency that our clients need."


SMBC is working closely with corporate treasurers through ongoing product development sessions to enhance the portal and expand beyond traditional transaction banking. As the platform continues to evolve, it will include capabilities such as:



Control and Security: Integrated processes, intuitive tools, and AI to help treasurers mitigate the increasing threat of fraud.



Personalization: A consistent, customizable interface to deliver real-time insights tailored to each user’s role, across regions.



Transparency: Real-time updates to improve tracking and reduce follow-up, including for cross-border transactions.



Efficiency: Global single sign-on, advanced technology, and transaction tagging to optimize cash usage and payment solutions.



SMBC Connect supports SMBC Group’s three-year strategic plan, which identifies global transaction banking as a key growth focus.


About SMBC Group


SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges.


In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Americas Holdings, Inc., SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. (collectively, SMBC Group Americas Division). For more information, please visit www.smbcgroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260422318235/en/
MediaRelationsAmericas@smbcgroup.com


Original: SMBC Americas Announces Global Transaction Banking Platform Available for U.S. Clients

Sumitomo Mitsui Financial Group, Inc. NYSE $SMFG Total Debt (mrq) $57.85T