The Rise of Japanese Banking Giants: A Story of Evolution and Influence

⚡️Japanese banking executives face backlash as two banks seize control of the chaos

🌍Sumitomo Corporation evolves into a trillion-dollar behemoth spanning various sectors globally

💼SMBC becomes the fourth largest bank globally, exerting influence across multiple industries

👑Japan undergoes a power reshuffling under Emperor Magi, leading to chaos and a new order.

🏛️Sumitomo's role in the Magi restoration and Japan's modernization efforts post-restoration.

💰Sumitomo family stripped of wealth and assets during WWII and occupation.

🔨Allied Powers break down Sumitomo and other zaibatsu into smaller companies.

🏦Sumitomo bank disintegrated and reorganized as the Bank of Osaka post-occupation.

🔄Sumitomo Bank undergoes restructuring proposed by McKenzie and Company, leading to international division acquisition.

🌐Merger with Hwa Soo Bank elevates Sumitomo to Japan's second largest city bank, setting the stage for further expansion.

🤝Sumitomo's bold move to merge with Goldman Sachs marks a significant shift in the banking landscape.