Jefferies, Japan's Sumitomo Mitsui Expand Alliance to Canada [Yahoo! Finance]
SUMITOMO MITSUI TR S/ADR (SUTNY)
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Source: Yahoo! Finance
the two companies announcing plans to work together on corporate and investment banking deals in the Canadian market. Most Read from Bloomberg Apple Explores Home Robotics as Potential ‘Next Big Thing' After Car Fizzles Kim Jong Un Faces Annihilation in Most Korea War Scenarios Texas Toll Road Takeover to Cost Taxpayers at Least $1.7 Billion TSMC Facilities to Resume Production Overnight After Quake A Million Simulations, One Verdict for US Economy: Debt Danger Ahead New York-based Jefferies started a full-service investment bank in Canada in December, opening a Toronto office with more than 40 employees. It recruited a number of investment bankers and equity research analysts from rival Barclays Plc's Canadian operations, including its president and chief executive officer, Bruce Rothney, who is now CEO of Jefferies Canada. “Jefferies will now align its extensive industry, M&A, leveraged finance and equity capital markets knowledge in Canada with SMBC Group's deep ban
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