Japan's SMBC to send junior bankers to New York, London from second year

MUFG and Mizuho also aim to foster specialized personnel with opportunities abroad

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Participants in SMBC's new program will need to have business-level English proficiency. © Reuters

YUKI NAKAMURA, Nikkei staff writer

TOKYO -- Sumitomo Mitsui Banking Corp. will put certain new hires on a fast track to work overseas in New York or London from as early as their second year as Japan's major banks strengthen recruitment of specialized personnel.

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