Sumitomo Mitsui Banking Corp. (SMBC) hires Kunal Maini to strengthen its global sales and trading business, according to reports. Maini joins as international head of macro rates, a role intended to support SMBC’s efforts to expand its trading franchise beyond its core Japanese market. One report describes Maini’s most recent position at BNP Paribas, where he headed Americas fixed income, currencies and commodities trading. The move is framed as part of SMBC’s broader push to grow international client coverage and activity in macro-related markets. Across the coverage, the hiring is presented as a step toward building out SMBC’s presence in rates and related trading products, with an emphasis on scaling its global sales and trading capabilities. The reports do not provide additional details on SMBC’s planned product expansion timeline, team size, or financial targets for the initiative.