Jefferies to Distribute Fubon Securities Equity Research on Companies in Taiwan
June 02 2014 - 9:00PM
Business Wire
Jefferies today announced that it is entering into an alliance
with Fubon Securities to distribute Fubon Securities’ equity
research on companies in Taiwan on a co-branded basis to Jefferies’
global client base. Additionally, Fubon Securities will be the main
platform to provide Taiwan local equity broking services to
Jefferies.
Fubon Securities is a subsidiary of Fubon Financial Holding Co.,
Ltd, whose major subsidiaries include Taipei Fubon Bank, Fubon Bank
(China), Fubon Bank (Hong Kong), Fubon Life, Fubon Insurance, Fubon
Securities, Fubon Asset Management, and Fubon Securities Investment
Service. With total assets of US$164.3 billion as of March 2014,
the company is the second largest listed financial holding company
in Taiwan.
Over the last year, Jefferies has also formed similar alliances
in Australia, Indonesia, Korea, Malaysia, Sri Lanka, Thailand and
Vietnam to broaden the firm’s equity research offering to its
global client base. These alliances now include 80 analysts
covering over 340 companies in the region.
Michael Alexander, Chief Executive Officer of Jefferies Asia,
commented, “We are pleased to join forces with Fubon Securities as
we expand and strengthen Jefferies’ Pan-Asia equities business for
the benefit of our institutional client base. We continue to
build-out our equities platform across Asia Pacific to provide
clients with best-in-class regional insights and leading execution
and distribution capabilities globally.”
Mr. Leo Cheng, President of Fubon Securities, also commented,
“We are delighted to enter into this relationship as Fubon
Securities will benefit from aligning with Jefferies’ global equity
distribution platform, further presenting our existing equity
research value by leveraging Jefferies’ global client base.”
Peter Forlenza, Global Head of Equities at Jefferies, added, “We
continue to enhance Jefferies’ Pan-Asia equity research platform to
provide our global clients with valuable insight coupled with
exceptional execution and distribution around the world.”
Not including the research alliances, Jefferies’ global equity
research business consists of over 140 analysts covering more than
1,750 stocks from research centers in London, Hong Kong, Mumbai,
Singapore, Tokyo, Houston, Nashville, New York and San Francisco.
The firm’s global coverage includes Economics & Strategy,
Business Services, Consumer, Energy, Financial Services, Insurance,
Healthcare, Industrials, Internet and Interactive Entertainment,
Maritime, Media, Metals & Mining, MLPs, REITs, Technology,
Telecommunications, Travel & Leisure and Utilities.
To learn more about Jefferies equity research capabilities or to
receive Jefferies research, please contact your Jefferies
representative.
Jefferies, the global investment banking firm focused on serving
clients for over 50 years, is a leader in providing insight,
expertise and execution to investors, companies and governments.
The firm provides a full range of investment banking, sales,
trading, research and strategy across the spectrum of equities,
fixed income, foreign exchange, futures and commodities, as well as
wealth management, in the Americas, Europe and Asia. Jefferies
Group LLC is a wholly-owned subsidiary of Leucadia National
Corporation (NYSE:LUK), a diversified holding company.
JefferiesRichard Khaleel,
+1-212-284-2556rkhaleel@jefferies.comorSara-Louise Boyes, +44 (0)20
7029 8022sboyes@jefferies.com
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