• "Blackrock" of Japan

  • Nov 29 2024
  • Length: 14 mins
  • Podcast

  • Summary

  • Sumitomo Mitsui Banking Corporation (SMBC), one of the world’s largest financial institutions, beginning with its humble roots as a copper smelting company in Japan. The video details the company's growth into a massive conglomerate, its involvement in Japan's rapid economic growth and subsequent recession, and its eventual rise to international prominence, drawing comparisons to the powerful American financial firm, BlackRock. The documentary highlights SMBC’s key strategies, such as hostile takeovers, mergers, and investments, as well as the challenges it has faced, including government scrutiny, accusations of Yakuza involvement, and scandals related to stock manipulation.
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