Sumitomo Mitsui Trust Fires Worker Suspected of Insider Trading

Bloomberg11-01

(Bloomberg) -- Sumitomo Mitsui Trust Group Inc. said it fired an employee who is suspected of having engaged in insider trading.Japan’s fifth-largest bank is fully cooperating with an investigation by...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2480807021?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/LUCDHMPXLAFAVOXXYTI2UM2RMI.jpg?smart=true&auth=e85937e55505a7b9b574bb6039f5b5b0afa5d6701cbbd7de833d928d9b2a2d4b&width=500&height=333","is_english":true,"pubTime":"2024-11-01 17:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480807021","market":"fut","top_or_hot":-1,"title":"Sumitomo Mitsui Trust Fires Worker Suspected of Insider Trading","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Sumitomo Mitsui Trust Group Inc. said it fired an employee who is suspected of having engaged in insider trading.Japan’s fifth-largest bank is fully cooperating with an investigation by...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/2024/11/01/sumitomo-mitsui-trust-fires-worker-suspected-of-insider-trading/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sumitomo Mitsui Trust Fires Worker Suspected of Insider Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSumitomo Mitsui Trust Fires Worker Suspected of Insider Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-01 17:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/2024/11/01/sumitomo-mitsui-trust-fires-worker-suspected-of-insider-trading/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Sumitomo Mitsui Trust Group Inc. said it fired an employee who is suspected of having engaged in insider trading.Japan’s fifth-largest bank is fully cooperating with an investigation by...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/2024/11/01/sumitomo-mitsui-trust-fires-worker-suspected-of-insider-trading/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/2024/11/01/sumitomo-mitsui-trust-fires-worker-suspected-of-insider-trading/","article_id":"2480807021","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/LUCDHMPXLAFAVOXXYTI2UM2RMI.jpg?smart=true&auth=e85937e55505a7b9b574bb6039f5b5b0afa5d6701cbbd7de833d928d9b2a2d4b&width=500&height=333"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480807021","pubTimestamp":1730452235,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"Sumitomo Mitsui Trust Group Inc. said it fired an employee who is suspected of having engaged in insider trading.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","SMFG":"三井住友金融"},"translate_title":"三井住友信托解雇涉嫌内幕交易的员工","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMFG":1},"content_text":"(Bloomberg) -- Sumitomo Mitsui Trust Group Inc. said it fired an employee who is suspected of having engaged in insider trading.Japan’s fifth-largest bank is fully cooperating with an investigation by authorities and will set up a committee to probe the matter, it said in a statement.The former employee at the company’s core trust banking unit allegedly made trades using information obtained in the line of duty, according to a Sumitomo Mitsui Trust spokesman. The person reported the trades to the company on Wednesday and was dismissed on Friday, the spokesman added, declining to elaborate on the matter, citing an ongoing investigation.Kazuya Oyama, president of the unit, said the person was in a managerial position and had allegedly conducted illicit trading multiple times. “We apologize for causing grave concerns to our customers, shareholders and other related parties,” Oyama said at a news briefing in Tokyo. He declined to give further details on the person.Japan has seen a string of alleged insider trading cases in recent weeks. A Tokyo Stock Exchange employee is being investigated by the securities watchdog on suspicion of such dealings, Japan Exchange Group Inc. said last month. In a separate incident, local media also reported a judge, who was seconded to the Financial Services Agency, was investigated on suspicion of conducting insider trading.©2024 Bloomberg L.P.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480807021"}