SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. y
TOKYO, Japan - Executives of Sumitomo Mitsui Financial Group Inc. and Citigroup Inc. shake hands at a Tokyo hotel on May 1 after announcing they have reached an agreement that SMFG will acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen. (From L) Nikko Cordial Securities President Eiji Watanabe, Sumitomo Mitsui Banking Corp. President Masayuki Oku, SMFG President Teisuke Kitayama, Citigroup Vice Chairman Stephen Volk, and Nikko Citi Holdings Inc. Chairman and President Douglas Peterson. (Kyodo)
- Product Code
- ILEA000042277
- Registered date
- 2009/5/01 00:00:00
- Credit
- Kyodo / Kyodo News Images
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- 1889 × 1185 pixel
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- 449.77(KB)*
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