NEW YORK, LONDON, HONG KONG, October 3, 2011 – Jefferies, the global investment banking firm, today starts its 50th year of serving clients. Incorporated on October 2, 1962, today Jefferies is a global leader in providing insight, expertise and execution to investors, companies and governments.
Richard B. Handler, Jefferies Chairman and CEO, commented, “Jefferies was founded almost 50 years ago to improve clients' liquidity by creating a “third market” that efficiently matched equity buyers and sellers to achieve the best execution possible. We prioritized our clients while our competitors fought to maintain the status quo for their own benefit. We then created one of the world’s first electronic trading platforms, which became Investment Technology Group. Today we are a global, full-service investment bank serving investors, companies and governments. ‘Clients First’ is not just a thought at Jefferies. It has been our core value for nearly 50 years and will continue to be the philosophy that drives every one of us at Jefferies."
“Through five decades, Jefferies has uniquely thrived as one firm passionately focused on helping our clients achieve their goals,” added Brian P. Friedman, Chairman of the Executive Committee of Jefferies. “The success of our clients became the foundation for our own success. We are proud to be entering our firm’s 50th year with over 3,800 very talented employee-partners worldwide dedicated to partnering with and serving clients for the next 50 years and beyond.”
Jefferies’ full-service platform provides a complete offering of investment banking, sales, trading, research and strategy across the spectrum of equity and fixed income securities, as well as currencies and commodities, throughout the U.S., Europe and Asia. Globally headquartered in New York, with regional headquarters in London and Hong Kong and offices in more than 30 cities, the firm's global execution and distribution platform facilitates client needs anywhere in the world.
Jefferies Group, Inc. (NYSE: JEF) is the global investment banking firm focused on serving clients for nearly 50 years.
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