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SMBC Group to Create 2,000 Jobs in Charlotte Expansion

4/8/2026

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Summary

Story summary

SMBC Group, a major Japanese bank, will establish its second U.S. headquarters in Charlotte, North Carolina, creating 2,000 financial jobs from 2028 to 2032.
SMBC Group plans to invest $50.5 million and hire about 1,800 local employees.
North Carolina Governor Josh Stein announced the expansion, noting the project will receive incentives including $3 million in payroll tax breaks and $4.4 million for job training.

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Story summary

SMBC Group, a major Japanese bank, will establish its second U.S. headquarters in Charlotte, North Carolina, creating 2,000 financial jobs from 2028 to 2032.
SMBC Group plans to invest $50.5 million and hire about 1,800 local employees.
North Carolina Governor Josh Stein announced the expansion, noting the project will receive incentives including $3 million in payroll tax breaks and $4.4 million for job training.