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Stock impact report

Japanese megabank to bring 2,000 jobs to Charlotte [Yahoo! Finance]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Company Research Source: Yahoo! Finance
Sumitomo Mitsui Banking Corporation, better known as SMBC, announced it will establish its second U.S. headquarters in the Queen City, bringing 2,000 high-paying jobs over the next six years. Governor Josh Stein, who met with SMBC leaders during a trade trip to Tokyo last year, joined company and state officials in Charlotte on Tuesday to celebrate the deal. Stein said North Carolina's workforce played a key role in attracting the global financial giant. ALSO READ: ‘Slim pickings': Can data center jobs reverse Richmond County's population trend? “North Carolina has so much going for us, most importantly, its people,” Stein said. “We have one of the best workforces, because we are able to deliver all kinds of talent.” North Carolina Secretary of Commerce Lee Lilley described the state's economic strategy as the “three Ps”: people, places, and partnerships. He said SMBC's decision further cements Charlotte's status as the nation's “second city of finance,” behind only New York. Show less Read more
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