Sumitomo Mitsui Banking Corporation is planning to triple its stake in US investment bank Jefferies Financial Group the Financial Times reported, citing...
Sumitomo Mitsui Banking Corporation JP:8316 is planning to triple its stake in US investment bank Jefferies Financial Group JEF, the Financial Times reported, citing people familiar with the matter. SMBC plans to raise its current stake to as much as 15% by buying shares on the open market. The report said the increased stake is part of a broader collaboration agreement.
... Sumitomo Mitsui Banking Corporation 8316 is planning to triple its stake in US investment bank Jefferies Financial Group JEF , the Financial Times reported, citing people familiar with the matter. SMBC plans to raise its current stake to as much as 15% by buying shares on the open market. The report said the increased stake is part of a broader collaboration agreement.
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