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Jefferies, SMBC expand strategic alliance to Canada

Jefferies Financial Group Inc. (NYSE:JEF) and SMBC Group announced today that they have expanded their global strategic alliance to enhance collaboration on future corporate and investment banking business opportunities within the Canadian market.

SMBC Group comprises Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., and other group companies.

In December 2023, Jefferies announced that it established full-service investment banking and capital markets capabilities in Canada, opening a new 40+ person office with dedicated expertise across investment banking, equity research, and…
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