Sumitomo Mitsui Trust considers up to ¥380 billion digital investment

June 09, 2026

Iniulat ng AI

Sumitomo Mitsui Trust is considering up to ¥380 billion in digital investments. The bank also plans to spend ¥30 billion on operational optimization and reposition around 900 employees into client-facing roles.

The bank has not yet disclosed specifics of the digital investments but the moves appear aimed at improving efficiency and customer service. The ¥30 billion for operational optimization is slated for internal process reviews. Repositioning around 900 employees is intended to strengthen direct client-facing roles.

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