SMFG seeks to expand into brokerage, consumer finance in Asia

SMFG seeks to expand into brokerage, consumer finance in Asia

Kabukicho, Tokyo, Japan. Photo: Fabrizio Chiagano

Japan’s Sumitomo Mitsui Financial Group Inc (SMFG) plans to expand into brokerage and consumer finance banking businesses in Asia to offset the impact of slow economic growth at home, its chief executive told Reuters.

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