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Stock impact report

Japanese Banks Sticking With Adani as Jefferies, Barclays Review Ties [Yahoo! Finance]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg In Traffic-Weary Toronto, a Battle Breaks Out Over Bike Lanes In Italy's Motor City, Car-Free Options Are Growing New York City's ‘Living Breakwaters' Brace for Stormier Seas Mizuho Financial Group Inc. expects the latest saga surrounding Adani won't have a long-lasting impact and intends to continue supporting the group, according to people familiar with the matter. Sumitomo Mitsui Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. also have no plans to pull back and will be open to fresh financing if needed later, people familiar with the matter said. Tokyo-based spokespeople for all three lenders declined to comment. An Adani Group representative didn't comment immediately. The Japanese support underscores the divide among finance firms over Adani after he and others were charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts. Adani's massive ports-to-power group has denied the ch Show less Read more
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