Get the latest news, insights, and market updates on SMFG (Sumitomo Mitsui Financial Group, Inc.). Explore the news page 3 on MyTopStock.com for investor discussions, analysis, and real-time stock performance coverage.
Jefferies Deepens Ties With Japan’s Sumitomo Mitsui
Wall Street’s Jefferies Financial Group and Japan’s Sumitomo Mitsui Financial Group are bolstering their ties in a push to court more companies and private-equity firms globally with their services on mergers and acquisitions, borrowing and investing money, and other work. SMFG’s commercial banking subsidiary, SMBC, has agreed to increase its equity ownership in Jefferies to up to 20% in the open market, from about 15%, executives told The Wall Street Journal. It also has agreed to provide Jefferies roughly $2.5 billion in new credit facilities to aid in the two firms’ efforts. Sep 19, 2025 - $SMFG
We use cookies and similar technologies to collect and process data such as browsing activity or unique identifiers.
Selecting "Allow All" to help us understand site usage and improve the platform.
Choosing "Essential Cookies Only" enables only the cookies necessary for core site functions, such as staying logged in.
For more information, please see our Privacy Policy.