07 Apr 2026

SMBC Announces Americas Expansion in Charlotte

North Carolina Governor Josh Stein announced today that SMBC Group will establish its second U.S. headquarters in Charlotte to support its operations, creating 2,000 jobs over the course of six years. The company will invest $50.5 million in Mecklenburg County.

“As SMBC continues to grow substantially in the United States, Charlotte is a standout location for us to invest in North Carolina for the long term in a major expansion that will establish our roots in the community,” said Hirofumi Otsuka, CEO for SMBC Americas. “A major financial services hub, Charlotte has a deep pool of talent that we will tap into and help build out as we position our bank for long-term success while contributing to the broader local economy. We appreciate the support of Governor Stein and other public leaders as we set out to create 2,000 jobs over the next six years.”

Read more here: Governor Stein Announces 2,000 New Jobs as Japan’s SMBC Group Selects Charlotte for Bank Operations Expansion