InterviewJapan's SMFG to boost U.S. investment with eye on second Trump term
Group CEO Toru Nakashima expects tax cuts and deregulation to drive business
Sumitomo Mitsui Financial Group CEO Toru Nakashima sees the tie-up with Jefferies as key to expansion in the U.S. (Photo by Kosuke Imamura)
YUKI NAKAMURA, Nikkei staff writer
January 7, 2025 22:16 JST
TOKYO -- Japan's Sumitomo Mitsui Financial Group will ramp up investments in the U.S. in the coming years, eyeing an increase in corporate activity there after Donald Trump returns to the White House, SMFG Group CEO Toru Nakashima told Nikkei in an interview.