Sumitomo Mitsui Trust Punishes 8 Executives over Insider Trading

Sumitomo Mitsui Trust Punishes 8 Executives over Insider Trading

Kazuya Oyama (center), president of Sumitomo Mitsui Trust Bank, apologizes over insider trading at a press conference in Tokyo on Thursday.
Kazuya Oyama (center), president of Sumitomo Mitsui Trust Bank, apologizes over insider trading at a press conference in Tokyo on Thursday.

   Tokyo, May 1 (Jiji Press)--Sumitomo Mitsui Trust Group Inc. said Thursday that it will punish eight executives over insider trading involving a former department chief at its Sumitomo Mitsui Trust Bank unit.
   The eight executives include Kazuya Oyama, president of the bank who will face a 30 pct pay cut for three months.

(2025/05/01-22:53)

To read a full story, please click here to find out how to subscribe.

(C)JIJI PRESS LTD., All rights reserved.