SMFG reportedly hires Nomura executive ahead of Jefferies venture
Nikkei Asia describes the hire as part of a shift by once-insular Japanese banks toward recruiting outside talent to compete globally.
TLDR
SMFG has brought in a Nomura executive as its latest outside hire ahead of a venture with Jefferies, Nikkei Asia reports. The outlet describes Japanese banks looking beyond their own ranks for talent to compete globally.
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