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Japan's SMFG brokerage arm to set up office in Abu Dhabi

The brokerage arm of Japan's Sumitomo Mitsui Financial Group (SMFG) 8316.T plans to set up an office in Abu Dhabi as it seeks to tap the $80 billion debt capital market (DCM) in the Middle East, its chief executive said. With the world's third largest economy in recession, Japanese brokerage…

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