News Formal

SMBC discloses $560 million loss in sale of rail car leasing business to ITE

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 4 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.

Sumitomo Mitsui Financial Corp. 8316, -0.71% said Tuesday it would take an after-tax loss of $560 million in its sale of

Rail Services to ITE Management LP were not immediately disclosed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines