Jefferies Group Company Profile and Culture

Jefferies Group is a global investment bank and institutional securities firm that has been around for over 60 years, with a rich history dating back to 1962. It was founded by Keith Keane and Leonard Green.

The company has grown significantly over the years, with a strong presence in the global financial markets. Jefferies Group is headquartered in New York City, with offices in major financial centers around the world, including London, Hong Kong, and Singapore.

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Jefferies Group is a financial services company with a rich history dating back to its roots in block trading. It was one of the largest firms in size and trading on the NYSE.

Jefferies went public in 1983 with an initial offering of 1.75 million shares at $13 per share. By 1984, it was among the ten most profitable publicly held brokerages.

The company has expanded globally, with an overseas office in London, headed by Frank Baxter. In 1987, Boyd Jefferies, the company's founder, pleaded guilty to securities violations and resigned from the company.

Here's a brief overview of Jefferies' key segments:

Jefferies & Company has its roots in block trading, meeting the needs of institutional investors looking to trade large blocks of stock. This expertise quickly made it one of the largest firms in size and trading on the NYSE.

The company's history is marked by significant milestones, including going public in 1983 with an initial offering of 1.75 million shares at $13 per share. This move helped Jefferies become one of the ten most profitable publicly held brokerages by 1984.

Jefferies has also expanded internationally, establishing a new overseas office in London in the mid-1980s. The company's global reach has continued to grow, with the formation of the Jefferies Global Senior Advisory Board in 2012, featuring notable figures like James D Robinson III and Lord Hollick.

In 2012, Jefferies was involved in a high-profile rescue of Knight Capital Group, helping to cover a $440 million loss tied to a software glitch. This move gave Jefferies effective control of Knight, which was later renamed KCG.

Jefferies has also faced challenges, including a 1987 securities scandal involving Boyd Jefferies, who pleaded guilty to two securities violations and was barred from the securities industry for five years. The company itself was not charged, but its brokerage unit was censured by the SEC.

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Jefferies Financial Group Inc is committed to helping its team members and clients reach their full potential, as stated in their mission statement. This commitment is evident in the way they approach their work.

According to Jefferies's mission statement, their goal is to help every member of their team and every client they represent fulfill their maximum potential. This suggests a focus on employee and client satisfaction.

Jefferies employee reviews help job seekers learn about working at Jefferies, providing valuable insights into the company culture and work environment.

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Jefferies Financial Group Inc is a global middle market investment bank that offers a range of financial services, including research and wealth management.

The firm has a long history in block trading, dating back to when institutional investors needed a resource for trading large blocks of stock. Jefferies met that need by matching large institutional buyers and sellers naturally, off the exchange.

One notable deal done by the investment banking group is the rescue of Knight Capital Group in 2012, where Jefferies helped cover a $440 million loss tied to a software glitch.

Jefferies Group is one of the largest independent investment banks in the U.S., with a presence in various locations.

Here are some key facts about Jefferies Financial Group Inc:

In 2014, Jefferies agreed to pay $25 million to resolve a criminal and civil probe into its mortgage-backed securities business, following a fraud indictment of one of its former traders.

The people behind Jefferies Group are a talented and experienced team. Richard Handler serves as the CEO, bringing his leadership skills to the table.

The leadership team includes several key individuals who contribute to the company's success. Brian P. Friedman is the President, overseeing the company's operations and strategy.

Here is a list of some of the key people at Jefferies Group:

The founders of Jefferies Group are Maryanne Gilmartin and Thomas Wade Jones, who laid the foundation for the company's success.

The Team at Jefferies Group is led by some very experienced individuals. Richard Handler serves as the CEO of the company.

The leadership team also includes Brian P. Friedman, who holds the position of President. W. Patrick Campbell is an Independent Consultant & Board Member, bringing his expertise to the table.

At the helm of the company is Joseph S. Steinberg, who serves as Chairman. Michael J. Sharp is the Executive Vice President and General Counsel, handling the company's legal affairs.

Matthew S. Larson is the Executive Vice President and Chief Financial Officer, overseeing the company's financial operations. Mark L. Cagno is the Managing Director and Global Controller, responsible for the company's financial management.

John Stacconi is the Managing Director and Global Treasurer, managing the company's treasury functions. Laura E. Ulbrandt DiPierro is the Senior Vice President and Secretary, handling the company's administrative tasks.

The company was founded by Maryanne Gilmartin and Thomas Wade Jones, who are also key members of the team.

The base comp and bonus were very fair, according to some employees.

The culture is very cut throat and old school management, which can be a challenge for many.

Technology lags as well, making it harder for teams to work efficiently.

Poor leadership is a common complaint, which can affect morale and job satisfaction.

Jefferies Group has a notable ranking in the finance industry. They are ranked #43 on the Best Finance Companies to Work For in New York list.

According to Zippia's Best Places to Work lists, rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. This data-driven approach provides unbiased evaluations of companies.

Here is a snapshot of Jefferies' ranking:

Jefferies currently has 5.9 billion in revenue. This is a significant number that indicates the company's financial health.

The most recent quarter for Jefferies produced a substantial 2.0 billion in revenue. This is a notable achievement, especially considering the company's overall revenue of 5.9 billion.

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Jefferies has made a notable appearance in the rankings. They're ranked #43 on the Best Finance Companies to Work For in New York list.

Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. This means that the rankings are based on verifiable information, not just opinions or hearsay.

The rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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In the world of finance, it's essential to know who you're up against. Let's take a look at the competitors of Jefferies Financial Group Inc.

Jefferies Financial Group Inc has a significant presence in the United States, with its headquarters located in New York.

All five competitors, including Jefferies Financial Group Inc, JPMorgan Chase & Co, The Goldman Sachs Group Inc, Morgan Stanley, and Blackstone Inc, are based in the United States of America.

JPMorgan Chase & Co stands out as the largest competitor, with a massive workforce of 317,233 employees.

Here's a brief comparison of the number of employees across the five competitors:

All five competitors are publicly traded companies, giving investors a chance to get in on the action.

In 2011, Jefferies faced a major crisis when 77% of its shareholder's equity was tied up in illiquid sovereign debt securities.

The company responded with unprecedented transparency and immediacy, collapsing 75% of the position and proving the bonds were hedged and highly liquid.

This aggressive response resulted in a 100% increase in Jefferies' share price from the November lows.

Leucadia, a 29% shareholder, later referred to this event as Jefferies' "finest hour."

In 2012, Knight Capital took a pre-tax loss of $440m due to a trading glitch, but Jefferies came to the rescue, raising $400 million from six investors led by Jefferies.

Jefferies purchased $125 million of the $400 million investment and became Knight's largest shareholder.

In 2012, Jefferies announced its merger with Leucadia, its largest shareholder, creating a combined company with $9.4 billion of shareholder's equity and over $5 billion of cash.

The newly combined company also had $4 billion of net operating loss ("NOL") tax credits.

Jefferies remains independent and is the largest operating company within Leucadia.

In 2014, Jefferies announced a $500 million deal with CircleBack Lending, which was the largest of its kind at the time.

The deal aimed to leverage Jefferies' experience with securitization markets to structure securities upheld by CircleBack Lending assets.

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Jefferies Group has a significant number of employees, with 2,885 people working for the company. This is a substantial workforce that can contribute to a diverse and inclusive culture.

The demographics of Jefferies employees are worth noting. Women make up 31% of the workforce, while men account for 69%. This means that women are underrepresented at Jefferies, which could be a challenge for promoting diversity and inclusion.

The ethnic breakdown of Jefferies employees is also notable. The most common ethnicity is White, making up 50% of the workforce. Asian employees make up 19% of the workforce, while Hispanic or Latino employees account for 17%. This diversity in ethnicity is a positive aspect of Jefferies' culture.

The average salary for Jefferies employees is $106,326 per year. This is a relatively high salary, which may be attractive to some employees. However, it's worth noting that employees tend to stay with the company for only 4.4 years on average, which could be a sign of high turnover rates.

Jefferies employees are most likely to be members of the Republican party, which may influence the company's politics and policies. This could be an interesting aspect of Jefferies' culture, but it's worth noting that the company's diversity and inclusion efforts may be impacted by this demographic.

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Jefferies Group offers a range of services to help clients achieve their financial goals. Their investment banking services are a key part of this.

One of the key areas they focus on is investment banking, which includes debt capital markets and equity capital markets. These services can help companies raise the funds they need to grow and expand.

Their debt capital markets service allows companies to raise debt capital, which can be used to fund projects or pay off existing debts. This can be a cost-effective way for companies to access the capital they need.

Equity capital markets, on the other hand, allow companies to raise equity capital by issuing shares. This can be a good option for companies that want to raise capital without taking on debt.

Here are some of the specific services offered by Jefferies Group:

Jefferies Group is a well-established company with a rich history. It was founded in 1962.

The company is headquartered in New York City, USA, and has a significant presence in the global financial market. It's an American multinational independent investment bank and financial services company.

Jefferies Group is categorized as a Middle Market bank, which means it provides services to a specific segment of the market. This category is defined by the bank's size and scope of operations.

The company has a strong leadership team, with Rich Handler serving as the Chief Executive Officer. He has been instrumental in shaping the company's strategy and direction.

Here are some key statistics about Jefferies Group: