Jefferies to Distribute Equity Research on Companies in the Philippines Through Alliance with BPI Securities
February 23 2015 - 7:00PM
Business Wire
Jefferies today announced that it is entering into an alliance
with BPI Securities Corporation to distribute BPI Securities’
equity research on companies in The Philippines on a co-branded
basis to Jefferies’ global client base. Additionally, BPI
Securities will be the main platform to provide Philippines local
equity broking services to Jefferies.
BPI Securities Corporation is the full-service stock brokerage
house of the Bank of the Philippine Islands (BPI), and is a
subsidiary of BPI Capital Corporation, a leading investment bank in
the Philippines. BPI Capital Corporation is in turn wholly owned by
BPI, the oldest bank in Southeast Asia and a leader in Philippine
banking. BPI is part of the Ayala Corporation, one of the largest
and most diversified business groups in the Philippines.
Over the past two years, Jefferies has also formed similar
alliances in Australia, Indonesia, South Korea, Malaysia, Sri
Lanka, Taiwan, Thailand and Vietnam to broaden the firm’s equity
research offering to its global client base. These alliances now
include 90 analysts covering over 660 companies in the region.
Michael Alexander, Chief Executive Officer of Jefferies Asia,
commented, “We are pleased to join forces with BPI Securities as we
grow and strengthen Jefferies’ Pan-Asia equities business to meet
the evolving needs of our global institutional clients. We continue
to build out our Pan-Asia equities platform across the region to
provide our clients with best-in-class strategy and ideas coupled
with market-leading execution and distribution.”
“At Jefferies, we are committed to continuously improving and
expanding the firm's longstanding equity research, sales and
trading business with an emphasis on serving the needs of our
global investor client base. Working with BPI Securities is one of
the ways in which we plan to continue the growth of our Asia
Pacific business,” added Peter Forlenza, Global Head of Equities at
Jefferies.
“BPI Securities will benefit from Jefferies’ robust global
equities platform, and we believe that this new relationship will
further strengthen our existing strong business by leveraging
Jefferies’ global equity distribution platform,” commented Mike
Oyson, Chief Executive Officer, BPI Securities.
Not including the research alliances, Jefferies’ global equity
research business consists of over 155 publishing analysts covering
nearly 2,000 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
Leucadia (NYSE:LUK)
Historical Stock Chart
From Aug 2024 to Sep 2024
Leucadia (NYSE:LUK)
Historical Stock Chart
From Sep 2023 to Sep 2024