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Jefferies Financial Group Inc. - JEF STOCK NEWS

Welcome to our dedicated page for Jefferies Financial Group news (Ticker: JEF), a resource for investors and traders seeking the latest updates and insights on Jefferies Financial Group stock.

Jefferies Financial Group Inc. (NYSE: JEF) is a diversified financial services company with a global presence. Headquartered in New York City, Jefferies has been serving companies and investors for over 50 years, providing a broad array of financial services. With offices in over 30 cities worldwide, Jefferies offers clients capital markets and financial advisory services, institutional brokerage, securities research, and wealth management.

Jefferies operates through two primary segments: Investment Banking and Capital Markets and Asset Management. The Investment Banking and Capital Markets segment is the major revenue driver, encompassing securities, commodities, corporate lending, futures, and foreign exchange capital markets activities. This segment also provides underwriting, mergers and acquisitions, restructuring, recapitalization, and other advisory services to clients across various sectors.

The Asset Management segment offers alternative investment management services to investors both domestically and internationally. This segment generates investment income from capital managed by Jefferies or its affiliates.

Jefferies Group LLC, a wholly-owned subsidiary of Leucadia National Corporation (NYSE: LUK), operates through its principal subsidiaries: Jefferies LLC in the U.S., Jefferies International Limited in Europe, and Jefferies Hong Kong Limited in Asia.

Recently, Jefferies has been involved in managing the sale of 377 real estate assets in collaboration with Hilco Real Estate, LLC, as part of the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC. This initiative highlights Jefferies' capability and expertise in handling complex financial transactions and strategic real estate dispositions.

With a robust presence in the Americas, Europe, and Asia, Jefferies continues to leverage its extensive market knowledge, strategic insights, and strong client relationships to deliver exceptional value to its clientele. For more detailed and up-to-date information, visit the official Jefferies website or check the latest news updates.

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Jefferies Financial Group, Inc. (JEF) and Sumitomo Mitsui Financial Group, Inc. (SMFG) have expanded their strategic alliance to include enhanced collaboration across Europe, the Middle East, and Africa (EMEA) for future corporate and investment banking opportunities. SMBC has provided financing to Jefferies and purchased shares, with plans to increase its ownership to up to 15%. The alliance, which started in the U.S. and Japan, has now been extended to cover EMEA, benefiting clients through global insights and capabilities.
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Jefferies Financial Group Inc. (NYSE: JEF) reported Q4 financial highlights, including net earnings of $66 million, annualized return on adjusted tangible equity of 3.8%, net revenues of $1.20 billion, and a share buyback authorization of $250 million. The company's CEO discussed the challenges faced in 2023, with Investment Banking being the most affected, but expressed hope for improvement in 2024.
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Jefferies Financial Group Inc. (NYSE: JEF) to Release Q4 and Annual 2023 Financial Results
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Jefferies Financial Group (NYSE: JEF) has expanded its investment banking and capital markets capabilities in Canada, aiming to serve corporate, institutional, and government clients across the country. The Canadian Investment Banking team will be led by Bruce Rothney as CEO, with a focus on advisory, M&A, equity and debt capital markets, risk solutions, equity research, and sales and trading. The expansion includes the addition of over 40 professionals to the team, aiming to deliver a full suite of advisory and capital markets capabilities to clients in Canada.
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Tradu, a multi-asset trading platform, is launching in the UK in December before rolling out globally. It offers thousands of tradable assets across equities, commodities, cryptocurrencies, CFDs, forex, treasuries, and indices. Tradu is part of Stratos Group International, LLC, a subsidiary of Jefferies Financial Group Inc. (NYSE: JEF). The platform aims to redefine the trading industry by providing clients with an intuitive and advanced platform with a superior trading experience across each tradable market, all from one portal accessible via a mobile app and web platforms.
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OneMain Holdings, Inc. (OMF) has announced the acquisition of Foursight Capital LLC from Jefferies Financial Group Inc. for $115 million in cash. This acquisition will provide OneMain with a seasoned team, scalable technology, tested credit models, a franchise dealer network, and a high-quality loan portfolio to support its expansion into the auto lending business. The transaction is expected to close in the first quarter of 2024, subject to customary closing conditions and applicable regulatory approvals.
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Jefferies announces the dates for its 2023 London Healthcare Conference, which will gather industry leaders to discuss investment opportunities and key themes in global healthcare.
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Jefferies announces $13 million contribution to charities providing humanitarian aid in Israel
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Jefferies donates $8.6 million to charities providing humanitarian aid in Israel
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Jefferies to hold Doing Good Global Trading Day to fund charities providing aid in Israel
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FAQ

What is the current stock price of Jefferies Financial Group (JEF)?

The current stock price of Jefferies Financial Group (JEF) is $74.91 as of November 20, 2024.

What is the market cap of Jefferies Financial Group (JEF)?

The market cap of Jefferies Financial Group (JEF) is approximately 15.3B.

What services does Jefferies Financial Group Inc. offer?

Jefferies offers capital markets and financial advisory services, institutional brokerage, securities research, and wealth management.

What are the primary business segments of Jefferies?

Jefferies operates through two segments: Investment Banking and Capital Markets, and Asset Management.

Where is Jefferies Financial Group Inc. headquartered?

Jefferies is headquartered in New York City.

Who owns Jefferies Group LLC?

Jefferies Group LLC is a wholly-owned subsidiary of Leucadia National Corporation (NYSE: LUK).

What recent projects has Jefferies been involved in?

Jefferies recently managed the sale of 377 real estate assets in collaboration with Hilco Real Estate, LLC, related to the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC.

How long has Jefferies been in business?

Jefferies has been serving companies and investors for over 50 years.

Does Jefferies operate internationally?

Yes, Jefferies has offices in over 30 cities worldwide, including major markets in the Americas, Europe, and Asia.

What kind of clients does Jefferies serve?

Jefferies serves a diverse range of clients including corporations, governments, and institutional investors.

How can I get the latest updates on Jefferies Financial Group Inc.?

For the latest updates, visit the official Jefferies website or follow their news releases.

What is the primary revenue-generating segment for Jefferies?

The Investment Banking and Capital Markets segment is the primary revenue generator for Jefferies.

Jefferies Financial Group Inc.

NYSE:JEF

JEF Rankings

JEF Stock Data

15.33B
161.19M
21.56%
69.07%
5.07%
Capital Markets
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