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Sumitomo Mitsui to fight HSBC

BEIJING, June 27 — Sumitomo Mitsui Financial Group Inc., Japan’s third-largest bank, aims to expand lending to overseas companies in China this year, challenging
HSBC Holdings Plc. and Citigroup Inc. in the world’s fastest-growing major economy. Sumitomo Mitsui wanted half its loan growth in China to come from non-Japanese clients in the year to March […]