First Metro Investments Corp. (FMIC), the investment banking arm of the Metrobank Group, has signed a cooperation deal with Japanese financial institution Sumitomo Mitsui Banking Corp. (SMBC) and its other units.

In a statement, FMIC said that it signed a memorandum of intent (MOI) with SMBC, SMBC Nikko Securities Inc. and SMBC Nikko Securities (Hong Kong) Ltd. to explore “further opportunities in the Asian region.”

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