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Sumitomo Mitsui Financial appoints Citi as depositary bank

Citi's Global Transaction Services to act as depository bank for NYSE-listed company.

Japan-based Sumitomo Mitsui Financial Group (SMFG) has appointed Citi's Global Transaction Services as depositary bank for its NYSE-listed Level 2 American Depositary Receipt (ADR) program.

SMFG's ADR program is listed on NYSE under the symbol 'SMFG' and each ADR represents 1/5 of the ordinary shares.

SMFG director and senior managing executive officer Koichi Miyata said, the group expect that their investor relations expertise and global reach will assist SMFG in raising shareholder visibility and broadening investor base world-wide.

Global Transaction Services, a division of Citigroup's Institutional Clients Group, offers integrated cash management, trade, and securities and fund services.

SMFG is the holding company for a Japanese bank Sumitomo Mitsui Banking which is holding assets of around $1.37 trillion.

All pictures: BBC screengrabs.
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David Cameron made a terrible sex joke in his Conservative party conference speech

And he looked really pleased with himself afterwards.

As if the general public wanted to know anything else about the Prime Minister's sex life, he's gone and forced some more unsavoury images into our minds. 64 of them, to be precise.

During a particularly grim section of his speech to Conservative party conference, David Cameron took a break from his vague security theme (essentially: "Drones, lads! Who's with me?!") to tell a miserable sex joke. He began by talking about Labour's "economics guru", Richard Murphy – classic foreplay – before deploying this awkward punchline:

"His book is actually called The Joy of Tax. I’ve got it. I took it home to show Samantha. It’s got 64 positions – and none of them work."


Here he is, building up to his sex joke. Relaxed, in control:


Here he is, telling the joke. Part anxious, part relieved:


Here he is, when laughter ensues. Gleeful little schoolboy:


And here's Samantha. Eyes betraying bitter hatred:

I'm a mole, innit.