SMBC Americas Hires Nick Stevenson to Lead TMT Corporate and Investment Banking

NEW YORK--(BUSINESS WIRE)--The Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced that Nick Stevenson has joined the bank as Group Head of technology, media, and telecommunications (TMT) corporate and investment banking (CIB) as SMBC continues to grow and diversify its Americas business.

A managing director based in New York and reporting to CIB Co-Heads Stephanie Bowker and Yoshiyuki Natsuyama, Nick will focus on expanding the bank’s TMT business and leading a team of bankers covering SMBC clients across the space.

Nick brings over three decades of experience in CIB to SMBC, including 24 years at RBC Capital Markets, where he most recently served as Global Head of media, communications, and entertainment investment banking. Prior to that, he spent 10 years at Bank of America and Citi. His extensive industry knowledge and experience will strengthen SMBC’s growing CIB business.

“SMBC's commitment to growth in corporate and investment banking in the Americas is a key pillar of our global strategy,” said Richard Eisenberg, Co-Head of Coverage and Capital Markets, SMBC Americas Division. “Nick’s industry relationships and deep knowledge of the TMT sector will continue to enhance our client franchise.”

About SMBC Group

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 120,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges. In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Americas Holdings, Inc., SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. (collectively, SMBC Group Americas Division). For more information, please visit www.smbcgroup.com