trending Market Intelligence /marketintelligence/en/news-insights/trending/T68RvfXFvHNObhfA6VdvpQ2 content esgSubNav
In This List

SMBC Nikko Securities, SMBC Friend Securities formally sign merger agreement

Blog

Insight Weekly: Fed's policy stance; overdrafts under scrutiny; energy stocks rally

Case Study

A Chinese Bank Strengthens its Credit Risk Assessments

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition


SMBC Nikko Securities, SMBC Friend Securities formally sign merger agreement

SMBC NikkoSecurities Inc. formally signed a merger with SMBC Friend SecuritiesCo. Ltd. as part of a group-wide .

The merger is expected to be completed Jan. 1, 2018, withSMBC Nikko Securities emerging as the surviving entity. The securities firmwill also become a wholly owned direct subsidiary of following the merger.

The move is part of Sumitomo Mitsui Financial's efforts toenhance its securities business and improve the group's competitiveness.