Thanks to Jefferies’ Network, Donation Increases to $13M to Provide Humanitarian Aid in Israel

Rhea-AI Summary

Jefferies announces $13 million contribution to charities providing humanitarian aid in Israel

Positive

• Jefferies has increased its total contribution to charities providing humanitarian aid to $13 million
• Mike Bloomberg and Mark & Erica Gerson will match Jefferies' $2 million donations to specific organizations

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• None.

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)-- Jefferies announced today that thanks to the generous support of its clients, partners, and employees the total contribution to charities that provide critical humanitarian aid to those impacted by this week’s violence and terror in Israel has increased to $13 million.

We are proud to announce an additional $4.4 million contribution, on top of the previously announced $8.6 million donation. Mike Bloomberg will match our $2 million donation to Magen David Adom, and Mark & Erica Gerson will match our $2 million donation to United Hatzalah. We have also received an additional $400,000 from our employee-partners and clients.

Jefferies is committed to making a difference to better our global community. In the past five years, we have donated more than $60 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231011455446/en/

For Media Inquiries:

Jonathan Freedman (212) 284-2300

MediaContact@Jefferies.com

Source: Jefferies Financial Group Inc.

FAQ

What is the total contribution made by Jefferies?

Jefferies has contributed a total of $13 million to charities providing humanitarian aid in Israel.

Who will match Jefferies' $2 million donations?

Mike Bloomberg will match Jefferies' $2 million donation to Magen David Adom, and Mark & Erica Gerson will match Jefferies' $2 million donation to United Hatzalah.