Tag Archives: Sumitomo Mitsui Financial Group

Jefferies and SMBC Broaden Joint Business Efforts Across EMEA

Jefferies Financial Group and Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Mitsui Banking Corporation (SMBC) will expand their alliance to include enhanced collaboration across Europe, the Middle East and Africa on corporate and investment banking opportunities.

Bank of America Leads Financing for AITX’s Completed Acquisition of SMBC Rail Services

American Industrial Transport (AITX) completed the acquisition of certain of the railcar assets and operations formerly owned by rail leasing company SMBC Rail Services. Bank of America led the acquisition financing for the transaction as administrative agent.

Jefferies and SMBC Partner to Collaborate on Corporate/Investment Banking Opportunities

Jefferies Financial Group and Sumitomo Mitsui Financial Group, Sumitomo Mitsui Banking and SMBC Nikko Securities (collectively, SMBC Group) entered into an alliance to collaborate on future corporate and investment banking business opportunities.

Barclays, Deutsche Others Support CD&R American Greetings Buy

Clayton, Dubilier & Rice managed funds are acquiring a 60% ownership stake in American Greetings. The Weiss Family, descendants of Jacob Sapirstein, who founded the company in 1906, will retain a 40% stake in the business. Terms of the transaction were not disclosed.