A business man reading by a window.

Leadership Letters

The Results of Our Efforts are Important and Gratifying

Team Jefferies, We are grateful for your incredible level of competence and overwhelming passion to help build our firm by delivering for our clients and stakeholders.  We would like to share some hugely gratifying results we received over the last few days in respect of four of the most important and competitive offerings that we

Jefferies Provides Letter from Its CEO and President Regarding Point Bonita Capital and First Brands Group

Dear Clients, Stakeholders and Friends of Jefferies, Since the circumstances surrounding First Brands have resulted in articles and snippets that mention Jefferies (in many cases, with inaccurate or conflated allegations or assertions), we believe it’s important to share with our clients, fellow shareholders, bondholders, employee-partners, and friends of Jefferies both the actual facts and our

Core Principles Leading the Way, Always

Dear Clients, Team Jefferies, and Friends of our Firm, We are in the home stretch of an exhausting and complex year.  We have spoken about the tale of two halves, the complications from geopolitical strife, tariffs, possible/perceived/potential inflation, and interest rate policy.  Whether you are managing capital, running a company for stakeholders in an ever

Markets Are Ready To Go and So Are We

Team Jefferies, After an uncertain and somewhat frustrating fiscal first half of 2025 for all of us, the capital markets seem to have regained their footing, with activity progressively increasing starting in June.  Our frustration was clearly exacerbated by the high level of optimism and great expectations that permeated our industry as we entered 2025.  That

Summer Interns Share Messages for Jefferies in August

Team Jefferies, Every August, we use our monthly letter to share insights and ideas from our global summer interns and use it as an opportunity both to hear what’s on their minds and to personally reset and reflect. This year, we asked all 365 summer interns to share a message with all of us that

A Six Month Off-The-Grid-Sabbatical?

Dear Clients, Jefferies Teammates, and Friends, There is little doubt we began calendar 2025 with exceptionally high expectations regarding strength in the financial markets.  After several years of below the mean activity for capital formation and strategic mergers and acquisitions (primarily due to the rapid re-adjustment to normal interest rates), the prevailing sentiment was that

A Moment in Time – Uncertainty and Volatility Rise

To Our Clients and Employee-Partners, Yet again, businesses, investors and the capital markets are experiencing a moment of uncertainty driving increased volatility and reduced confidence and visibility.  We all operate more effectively during periods of direction, rather than in times of uncertainty.  Tariffs, layoffs, spending halts, declines in consumer confidence, the specter of higher inflation

When An Email Won’t Do

Team Jefferies, Our lives are forever better thanks to the technological genius of emails and messaging.  Perhaps no other invention has so successfully improved the quality of our lives by allowing for quick and efficient communication with an individual or a group of people.  With the stroke of a finger, everyone can quickly be on