SMBC, or Sumitomo Mitsui Banking Corporation, is a major player in the Japanese banking sector and has a significant presence internationally. However, the context provided does not specifically discuss SMBC's ranking or its exit opportunities in detail. It does mention that Japanese banks, including SMBC, are perceived as having a hierarchical and conservative culture, which is becoming more Americanized.

Regarding exit opportunities and comparisons with other banks: - Japanese Banks: SMBC is often compared with other major Japanese banks like MUFG and Nomura. These banks generally offer solid training and exposure, especially in areas like project finance and transaction banking, but may not provide the same breadth of exit opportunities into high finance roles in the U.S. as some Western banks. - International Presence: SMBC, like MUFG, has been trying to expand its services and international presence, which could mean a broader range of opportunities within the bank or moving into industries that have strong ties with Japan or Japanese businesses.

In terms of ranking and comparison with other international banks like HSBC or Scotiabank, SMBC might not hold as strong a position in global investment banking as HSBC, which has a more diversified and extensive global network. However, it is considered a solid institution within Japan and Asia.

For someone working at SMBC and looking at exit opportunities, it would be beneficial to focus on roles that leverage the bank's strengths in areas like project finance or roles that involve Japanese corporate clients, given the bank's strong ties and reputation in these areas.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Can't link the comment here directly, but another user made a pretty detailed post on the current state of their banking division here in a thread titled "SMBC Investment Banking" in August 2023. There isn't as much focus on IB now with the Jefferies alliance, but still plenty of other roles mainly related to debt/credit. They seem to compete decently well with the other balance sheet/international banks in the areas they do serve.

 

Expedita molestiae ut omnis. Et omnis expedita qui qui. Nihil error necessitatibus suscipit consequatur ad dolorum esse.

Aut deleniti inventore unde laboriosam nam ut. Quo voluptates et error sit dolor. Cum explicabo ipsa enim id omnis soluta.

Eos rerum voluptate necessitatibus qui. Dolore et et et voluptas. Rerum voluptatibus beatae vel et ab consequatur in.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”