NYSE:JEF - New York Stock Exchange, Inc. - US47233W1099 - Common Stock - Currency: USD
Hedge fund founder George Weiss has filed personal bankruptcy months after a federal judge ruled he’s liable for more than $100 million in debt his eponymous firm owes Jefferies Financial Group Inc.
NEW YORK (Reuters) -Jefferies has hired a veteran Lazard banker as global head of the firm's activism defense practice, people familiar with the situation said on Wednesday, as more corporations face pressure from activist investors. The New York-headquartered bank is bringing on Richard Thomas, a managing director who has served as co-head of Lazard's Equity Advisory practice, the people said. Thomas will replace Chris Young, who had been the head of activism at Jefferies and is leaving the bank, said the people who were not authorized to discuss personnel matters publicly.
Jefferies Financial Group Inc. has hired Rich Thomas from Lazard Inc. to lead its activism defense practice globally, according to people with knowledge of the matter.
BlackRock's retreat from ESG initiatives has it back in good stead with a key Texas official, a victory for CEO Larry Fink, even as the world's largest money manager remains a target of the state's antitrust cops.
WLK, TXO and JEF have been added to the Zacks Rank #5 (Strong Sell) List on May 2, 2025.
And the vote wasn't even close.
As member of Gen Z graduate high school and college, and start careers, maybe of them don't have basic financial know-how. Here's why it matters.
Royal Bank (RY) delivered earnings and revenue surprises of -2.22% and 1.57%, respectively, for the quarter ended April 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: RY
Jefferies has lured away four of Guggenheim Partners' senior-most technology bankers on the West Coast, an unusually large hiring spree as the boutique investment bank builds up its tech practice, according to people familiar with the matter. Guggenheim's senior managing director Robert Bartlett and managing directors Jalil Musayev, Nash Abu-Zahra, and Gaurav Thakur will join Jefferies in a few months, one of the people said, asking not to be named because the hires have not been publicly announced.
Jefferies Financial Group Inc. is hiring industry veterans to bolster its emerging markets team after several high-profile traders and salespeople left in a shakeup earlier this year.
A Jefferies Financial Group Inc. hedge fund’s lawsuit claiming it was defrauded by a former portfolio manager who invested $100 million of its money in a Ponzi-like scheme was dismissed by a federal judge.
A group of banks are preparing to launch a roughly €1 billion ($1.1 billion) sale of high yield bonds for Finnish health care firm Mehiläinen.
Mentions: GS
Cryptocurrency and stock trading platform eToro Group Ltd. priced its upsized initial public offering at $52 per share on Tuesday ahead of its Wall Street debut.
The firm has advised on 120 transactions with over $150 billion of deal value across fintech, market structure, and exchanges since 2015.
Trump said he's poised to unveil a "major" trade deal, boosting optimism that the tide has turned in the tariff hostilities.
The 28-year-old Jefferies Financial Group Inc. banker whose death earlier this year reignited discussion about Wall Street culture, was an accident caused by a toxic combination of drugs, according to a Dallas medical examiner.
A group of direct lenders have agreed to convert some of their debt for International Data Group into equity, marking the latest restructuring to occur within the $1.6 trillion private credit market, according to people with knowledge of the matter.
Harvard University’s endowment is in advanced talks to sell roughly $1 billion of private equity fund stakes, at a time when the school faces financial uncertainty and pressure from Donald Trump’s threats and a sluggish market for returns on illiquid assets.
(Bloomberg) -- The US stock market is well past its best days and investors should be prepared to see further declines in the nation’s equities, Treasury bonds as well as the dollar, according to Christopher Wood of Jefferies Financial Group Inc.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisThe Racial Wealth Gap Is Not Just About MoneyTo F
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We recently published a list of 15 Best Nancy Pelosi Stocks To Invest In Now. In this article, we are going to take a look at where Visa Inc. (NYSE:V) stands against other best Nancy Pelosi stocks to invest in now. We are aware that Nancy Pelosi isn’t the only member of the Congress with […]
Four metrics reveal how much economic damage it takes for President Trump to reel in his harmful trade wars.
(Bloomberg) -- Gold retreated after topping $3,500 an ounce for the first time as traders booked profit following a nearly 10% rally this month.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusThe Racial Wealth Gap Is Not Just About MoneyBullion fell by as much as 1.5% during US hours after earlier surging to a fresh record as risk appetite improved with equities bouncing back, bonds and the do
Mentions: GS
Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal student loans and soon could be subject to having their wages garnished. Referrals for collection had been put on hold since March 2020 because of the COVID-19 pandemic, when the U.S. government also paused federal student loan payments and interest accrual as a temporary relief measure.
Hacksaw, a developer and distributor of online betting games, is considering an initial public offering in Stockholm in the coming months, according to people familiar with the matter.
The trade showdown between Washington and Beijing is spilling over to Chinese stocks listed in the US, with analysts war-gaming a scenario where they’re booted off American exchanges.
Jefferies Financial Group Inc. is preparing to raise approximately $600 million in the leveraged debt capital markets for specialty chemicals manufacturer Gulf Coast Ammonia.