Jefferies Financial Group shares rose over 4% after reports that Sumitomo Mitsui Financial Group plans to increase its stake to 20%, signaling deepening ties between the U.S. and Japanese financial giants.
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The new "V Point" reward point program was launched in Japan Monday through the merger of Culture Convenience Club's T-Point program and Sumitomo Mitsui Financial Group's existing V Point program. https://www.japantimes.co.jp/business/2024/04/23/companies/japan-v-point-program-launch/ #business #companies #vpoint #cultureconvenienceclub #smfg #creditcards