Sumitomo Mitsui Financial Group, which suffered a steep loss last year, had said in April it would seek about $8 billion in the market.
Sumitomo Mitsui Agrees to Buy Citigroup Businesses
The sale of its Japanese brokerage and investment units for $5.56 billion ends Citigroup’s ambitious yet short-lived push into the world’s second-biggest economy.
Sumitomo Mitsui, Citigroup reach deal on brokerage
Sumitomo Mitsui is taking over Citigroup's Japan brokerage businesses, both sides said Friday, as part of a bigger plan to restructure the struggling U.S. bank.
Sumitomo Mitsui to buy brokerage from Citigroup
Sumitomo Mitsui is taking over Citigroup's Japan brokerage businesses, both sides said Friday, as part of a bigger plan to restructure the struggling U.S. bank. The deal is Japan's first...
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