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Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group. Net earnings for…
Looser regulation for US banks is expected to unlock some US$2.6 trillion in lending capacity for large financial institutions, according to Jefferies analysts, cementing the richer…
Other investors seeking redemptions include BlackRock, Morgan Stanley’s asset-management arm and Texas Treasury Safekeeping Trust Singapore’s sovereign wealth fund asked to pull some cash…
Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point Bonita Capital fund, according to a person familiar with…
Jefferies analyst Randal J. Konik thinks Nike Inc.’s turnaround is showing more than just a few green shoots — and that could stall On’s growth. “Nike’s Vomero Plus is outperforming On’s…
JEFFERIES Financial Group’s profit soared on a rebound in mergers and acquisitions (M&A ) and a surge in equity-trading revenue, signs that the multiyear dealmaking slump is coming to an…
JAPAN’S biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays are reassessing their exposure to the…
SHARES of Qantas Airways hit an all-time high on Wednesday (Oct 23) after Jefferies analysts hiked their price target on Australia’s flag carrier, on the back of low fuel costs and…
