Jefferies, SMBC Form Strategic Alliance to Drive Growth
Traders Magazine 0 Shares Jefferies and SMBC Group to Collaborate on Future Business Opportunities to Enhance Value to Their Clients and Accelerate Strategic Initiatives SMBC Group to Provide Credit Facilities to Jefferies Finance LLC ($1.9 Billion) and Jefferies Group LLC ($350 million) SMBC Group to Purchase up to 4.9% of Jefferies Common Shares in the Open Market Jefferies Financial Group, the parent company of Jefferies Group LLC, and Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc. announced that they have entered into a Strate...