Jefferies Financial Group (NYSE:JEF) is a diversified financial services company that provides investment banking, capital markets, asset management and other financial services to corporations, institutional investors, governments and individual clients. Its principal operating business is Jefferies Group, an investment banking and securities firm.
Jefferies provides advisory services for mergers and acquisitions, restructurings and other strategic transactions, along with equity and debt underwriting, sales and trading, research, prime brokerage and securities services. Through its asset management and wealth management businesses, the company also offers investment management, alternative investments, financial planning and related services. Jefferies Financial Group maintains additional investments and operating businesses outside its core securities operations.
Founded in 1962, Jefferies expanded through its combination with Leucadia National Corporation in 2013. Leucadia changed its name to Jefferies Financial Group in 2018, reflecting the increasing importance of the Jefferies business within the broader company. Jefferies serves clients across North America, Europe, Asia and other international markets.
Richard B. Handler serves as chief executive officer of Jefferies Financial Group and chief executive officer of Jefferies, while Brian P. Friedman serves as chairman of the company and chairman of Jefferies.
