Jefferies Group

Jefferies Group LLC
Company typeSubsidiary
IndustryInvestment services
Founded1962 (1962)
HeadquartersNew York City, New York, U.S.
Area served
Worldwide
Key people
Richard B. Handler (Chairman, CEO, President)
Brian P. Friedman (Chairman of the Executive Committee)
ProductsFinancial services
Investment banking
RevenueIncrease US$ 8.2 billion
(As of November 30, 2017)
Increase US$ 5.1 billion
(As of August 31, 2014)
Total assetsIncrease US$ 440 billion
(As of August 31, 2014)
Total equityIncrease US$ 11.5 billion
(As of August 31, 2014)
Number of employees
2,885
ParentJefferies Financial Group
Websitewww.jefferies.com

Jefferies Group LLC is an American multinational independent investment bank and financial services company that is headquartered in New York City. The firm provides clients with capital markets and financial advisory services, institutional brokerage, securities research, and asset management. This includes mergers and acquisitions, restructuring, and other financial advisory services. The Capital Markets segment also includes its securities trading (including the results of its indirectly partially owned subsidiary, Jefferies High Yield Trading, LLC) and investment banking activities.[1]

On November 12, 2012, Jefferies announced its merger with Leucadia National Corporation, its largest shareholder. At that time, Leucadia common shares were trading at $21.14 per share.[2] As of December 31, 2015, Leucadia shares were trading at $17.39 per share.[3] Jefferies remains independent and is the largest operating company within the Jefferies Financial Group, as Leucadia was renamed in May 2018.[4]

On March 1, 2013, along with the closing of the merger, Jefferies & Company, Inc. was converted to a limited liability company and re-branded as Jefferies LLC. It is a subsidiary of Jefferies Group LLC,[5] which itself is a subsidiary of Jefferies Financial Group, formerly Leucadia.[6]

  1. ^ "Jefferies Group". Forbes. Retrieved December 27, 2019.
  2. ^ "Merger Between Jefferies And Leucadia Secures The Investment Bank's Future". SeekingAlpha. November 13, 2012. Retrieved January 11, 2016.
  3. ^ "Leucadia National Corporation Historical Prices". Yahoo! Finance. December 31, 2015. Retrieved January 12, 2016.
  4. ^ "BRIEF-Leucadia National Corp Changes Name To Jefferies Financial Group Inc". Reuters. May 23, 2018. Retrieved May 28, 2018.
  5. ^ "Jefferies LLC: Company Information". Bloomberg. Retrieved February 5, 2018.
  6. ^ "Jefferies Group LLC: Company Information". Bloomberg. Retrieved February 5, 2018.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search