Jefferies to restructure as it doubles down on investment banking

Industry News

In this articleJEFJeffries Headquarters, NYCSource: Jefco.comJefferies Financial Group said on Tuesday it plans to reduce the size of its merchant banking portfolio as part of a restructuring aimed at focusing on its global investment banking business.The plan includes spinning off its holdings in Vitesse Energy before the end of this year to create a new…

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