Sumitomo Mitsui Banking Corp acquires Nikko Cordial Securities Inc from Citigroup Inc

JAPAN - Sumitomo Mitsui Banking Corp {SMBC}, a wholly- owned unit of Sumitomo Mitsui Financial Group Inc {SMFG}, acquired Nikko Cordial Securities Inc (Nikko Cordial) , a Chiyoda, Tokyo-based securities brokerage firm, and a wholly-owned unit of US- based Citigroup…

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