Sumitomo Trust & Banking and Chuo Mitsui
agreed yesterday to a merger that would create Japan's largest trust bank, with total assets under management of Y58,000bn ($647bn).
By Michiyo Nakamoto and Robin Harding in Tokyo
Published: November 7 2009 02:00 | Last updated: November 7 2009 02:00
Sumitomo Trust & Banking and Chuo Mitsui
agreed yesterday to a merger that would create Japan's largest trust bank, with total assets under management of Y58,000bn ($647bn).