Jefferies Jumps on Report of Potential SMFG Takeover

It does seem, Catherine, like there's been some denials that this is actually what's happening. Well, I think that the key here is that there's no immediate or actionable plans that are coming through. There has been a buildup of the Japanese based bank, their stake in Jefferies.They have been very public about the partnership, and this is giving both banks exposure to both new countries, new business lines that they have tried to bolster up internally, but really working together. This is an immediate acce ...