BANKING

Sumitomo Bank of California to Get Capital Infusion: The bank, struggling with problem loans, announced that it has received the assurance of its parent, Sumitomo Bank of Japan, that it will provide the San Francisco-based subsidiary with a capital infusion of up to $180 million during the second quarter. The added cash will give the bank “flexibility to explore various ways to aggressively deal with its problem assets and to further diversify its loan portfolio,” the company said in a press release.