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Jefferies posts lower quarterly profit as dealmaking falters

Jefferies posts lower quarterly profit as dealmaking falters
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Jefferies posts lower quarterly profit as dealmaking falters

(Reuters) - Investment bank Jefferies Financial Group posted a 52.5% decline in fourth-quarter profit on Monday, hit by lower underwriting fees and volatile markets that dented income from its trading desks.

Mehnaz yasminNiket nishantBrian friedmanKrishna chandra eluriMorgan stanleyJpmorgan chase coGoldman sachs group incLeucadia nationalRichard handlerNew york basedWall street

For Many Wall Street Bankers, This Year s Bonus Season Is a Bust

There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.

New yorkUnited statesBrian friedmanElon muskAston martinMike mayoAston martinsJuan fernandezDavid solomonMorgan stanleyJefferies groupGoldman sachsFederal reserveFidelity national information servicesWells fargoWall street

Crypto Mogul Sam Bankman-Fried s Epic Legal Battle

The disgraced crypto entrepreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.

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Jefferies Group instructs its staff to return to office

Jefferies Group instructs its staff to return to office
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesMorgan stanleyJpmorgan chase coJefferies groupCitigroup incRichard handlerWall streetNew york city