ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Brexit fears prompt SMFG move to Germany

UK's likely loss of 'financial passport' would curb access to EU market

TOKYO -- Sumitomo Mitsui Financial Group intends to establish its new European head office in Frankfurt, relocating to Germany because the current U.K. subsidiary likely will become unable to lead the Japanese megabank's operations in the European Union.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more