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Sumitomo Mitsui and SBI to launch wealth management joint venture

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Sumitomo Mitsui Financial Group and SBI Holdings plan to jointly provide wealth management services for well-to-do customers in Japan. The new joint venture will be funded by SMFG and two group firms — Sumitomo Mitsui Banking and SMBC Nikko Securities — as well as SBI Holdings and its flagship domestic…

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Click here to read the full story: The Japan Times

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