Sumitomo Mitsui, Citigroup reach deal on brokerage

Courtesy Newsvine - business  Fri, 05/01/2009 - 02:32

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.


 

Related items

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...

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.

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.

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...

Uniden TRU9496 2-Line Corded/Cordless Digital...
With the Uniden TRU9496 5.8 GHz Digital 2-Line Expandable Phone System is the next generation of 5.8 GHz cordless phones. It's a full-featured digital answerer, with a Dialing keypad and a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com