Sumitomo Mitsui Agrees to Buy Citigroup Businesses

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...

Japanese Bank Plans $9.4 Billion Share Sale
Sumitomo Mitsui Financial Group, which suffered a steep loss last year, had said in April it would seek about $8 billion in the market.

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