STOCK TITAN

Jefferies Clients, Shareholders and Employees Donate $8.6 Million to Provide Humanitarian Aid in Israel

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Jefferies donates $8.6 million to charities providing humanitarian aid in Israel
Positive
  • Jefferies announced a donation of $8.6 million to 10 charities that offer critical humanitarian aid in Israel. The donation was raised through the Firm's Doing Good Trading Day and will support the relief efforts of these organizations.
Negative
  • None.

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)-- Jefferies announced today that it will donate $8.6 million to 10 charities that provide critical humanitarian aid to those impacted by this week’s violence and terror in Israel.

The Firm’s Doing Good Trading Day, held October 10, raised contributions from net trading commissions from equities and fixed income, vendors, and from Jefferies’ more than 5,500 employees and Jefferies.

Rich Handler, CEO, and Brian Friedman, President, of Jefferies commented:

“We are proud of our clients, employee-partners and friends who have once again come together to provide aid to those in need from the violence and terror this week in Israel. We expect that our delivery of $8.6 million will support the lifesaving work and relief efforts of these 10 organizations."

Organization

Charity Description

Amount

United Hatzalah

The largest independent, fully volunteer emergency medical service organization committed to providing the fastest response to medical emergencies.

$2,000,000

Magen David Adom

A paramedic and Red Cross service that is a leader in mass-casualty response and EMS technology.

$2,000,000

Barzilai Medical Center

Barzilai Medical Center is the frontline hospital during times of conflict, providing critical medical care.

$750,000

Soroka Medical Center

Soroka Medical Center offers around the clock life-saving services.

$750,000

NATAL

NATAL provides immediate psychological response through on-site treatment and its mobile unit.

$550,000

Sheba Medical Center

Sheba Medical Center provides urgent medical care.

$550,000

Kaplan Medical Center

Kaplan Medical Center is a major general hospitals with a recognized center of excellence in trauma.

$550,000

Shamir Medical Center (Assaf Harofeh)

A major hospital providing life-saving medical care and supplies.

$550,000

Ichilov Medical Center (Sourasky)

A major hospital providing around the clock medical care.

$550,000

Zaka Search and Rescue

A UN-recognized humanitarian volunteer organization that provides rapid response to mass casualty disasters across the world. They work with legal solutions, mourning services, missing children, emergency kit stands and search and rescue missions among others.

$350,000

Total: $8.6 Million

Jefferies is committed to making a difference to better our global community. In the past five years, we have donated more than $56 million to communities in need, including relief efforts for Ukraine, Maui, Texas, Haiti, Afghanistan, Tonga, COVID-19, Australia, and hundreds of various charities that promote diversity and inclusion, protect and sustain our environment and provide critical relief and support services.

About Jefferies

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.

For Media Inquiries:

Jonathan Freedman (212) 284-2300

MediaContact@Jefferies.com

Source: Jefferies Financial Group Inc.

FAQ

What is the amount donated by Jefferies?

Jefferies donated $8.6 million to 10 charities.

Which organizations will receive the donation?

The donation will be given to United Hatzalah, Magen David Adom, Barzilai Medical Center, Soroka Medical Center, NATAL, Sheba Medical Center, Kaplan Medical Center, Shamir Medical Center, Ichilov Medical Center, and Zaka Search and Rescue.

How was the donation raised?

The donation was raised through Jefferies' Doing Good Trading Day.

What is the purpose of the donation?

The donation aims to provide critical humanitarian aid to those impacted by the recent violence and terror in Israel.

Jefferies Financial Group Inc.

NYSE:JEF

JEF Rankings

JEF Latest News

JEF Stock Data

15.33B
161.19M
21.56%
69.07%
5.07%
Capital Markets
Security Brokers, Dealers & Flotation Companies
Link
United States of America
NEW YORK