Jefferies Financial Group shares rose over 4% after reports that Sumitomo Mitsui Financial Group plans to increase its stake to 20%, signaling deepening ties between the U.S. and Japanese financial giants.
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Jefferies Shares Jump 4% on Reports of SMFG Stake Increase

Jefferies Financial Group shares rose over 4% after reports that Sumitomo Mitsui Financial Group plans to increase its stake to 20%, signaling deepening ties between the U.S. and Japanese financial giants.

Yonhap Infomax
The new "V Point" reward point program was launched in Japan Monday through the merger of Culture Convenience Club's T-Point program and Sumitomo Mitsui Financial Group's existing V Point program. https://www.japantimes.co.jp/business/2024/04/23/companies/japan-v-point-program-launch/ #business #companies #vpoint #cultureconvenienceclub #smfg #creditcards
New 'V Point' program launched after merger

The combined number of subscribers to the two former programs was 154 million, the largest in Japan.

The Japan Times