Firm and Staff to Contribute Directly and Organize Global Support Through Dedicated Trading Days
NEW YORK, HONG KONG and LONDON, March 14, 2011 - Jefferies announced today that the firm and its staff will contribute to the relief efforts to assist the people who are suffering from the recent tragic events in Japan and will offer investors around the world the opportunity to join these efforts. First, Jefferies will donate all net equity trading revenue for the entire week from its offices in Asia. Second, on Wednesday March 16, Jefferies will donate all net revenues from U.S. and European equity trading. Third, Jefferies as a firm will donate $1 million itself directly. Finally, all 3,099 Jefferies employees will be given the opportunity to donate to the relief effort their salary for the day on Wednesday. These contributions will be allocated to a series of charities with the goal of quickly getting funds to relief efforts directly involved in the rescue and recovery efforts.
"The citizens of Japan are our global partners and we all feel their pain and suffering from these tragic events. While we know they and their government will do all in their power to help those in need and recover, it is our goal to help in this small way," commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "We ask for the support of investors around the world and offer our platform as a means to provide relief to those in need."
Jefferies Group, Inc. (NYSE: JEF), a global securities and investment banking firm, has served companies and investors for nearly 50 years.
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