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Jefferies Jefferies on Tuesday reported record earnings, driven by a strong year from its investment bank. It’s part of a resurgence for the firm, which jumped two spots to ninth in US investment banking revenue. Investing in talent in recent years while others retreated has helped the bank snatch back market share, as has growing […]
Thomson Reuters NEW YORK (Reuters) – A federal appeals court on Tuesday rejected former Jefferies Group mortgage bond trader Jesse Litvak’s request to stay out of prison while he appeals his second conviction and two-year sentence for defrauding customers on bond prices. The order by the 2nd U.S. Circuit Court of Appeals in Manhattan likely […]
AP Images/Paul Sakuma Shares of Tiffany & Co., the American luxury jewelry retailer, could rise further as the company’s margins and earnings improve, according to Jefferies. Tiffany shares have risen almost 15% this year. “With a strong brand that has supported pricing power historically coupled with recent and future talent upgrades, we believe shares can still […]
Morgan, 51 – who regularly defends his friend Donald Trump – got into a heated debate with Jefferies, 39, when he insisted that the President’s immigration order was “not a Muslim ban”. Jefferies then snapped: “Oh, f**k off. This is what you do, Piers. You say ‘He hasn’t done this, he hasn’t done that, he’s […]
