Jefferies to Coordinate Global Effort to Support Hurricane Harvey Relief
August 28 2017 - 3:41PM
Business Wire
Firm, Staff and Clients to Contribute
Directly and Organize Support Through Dedicated Trading Day on
Wednesday, August 30
Jefferies announced today that the firm and its staff will
contribute to the relief efforts to assist those in Texas suffering
from the devastation caused by Hurricane Harvey and will offer
investors around the world the opportunity to join these efforts.
First, Jefferies will donate all net trading commissions on
Wednesday, August 30 from U.S., European and Asia equity, fixed
income and foreign exchange trading. Second, Jefferies as a firm
will donate $1 million itself directly. Finally, all 3,324
employees worldwide will be given the opportunity to donate to the
relief effort their salary for the day on Wednesday. These
contributions will be allocated to a series of charities with the
goal of quickly getting funds to relief efforts directly involved
in the rescue and recovery efforts.
Richard B. Handler, Chairman and Chief Executive Officer of
Jefferies, and Brian P. Friedman, Chairman of the Executive
Committee, commented: "All of us at Jefferies are deeply saddened
and concerned about the loss of life and devastation caused by
Hurricane Harvey to those in Texas, including the people of Houston
where Jefferies has a long and prominent presence. We hope this
donation from Jefferies will quickly help to ease the suffering of
those affected, and we encourage our employees and clients around
the world to join our efforts to contribute on behalf of those in
need.”
Jefferies, the world's only independent full-service 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. Our firm provides a full
range of investment banking, sales, trading, research and strategy
across the spectrum of equities, fixed income and foreign exchange,
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.
For further information, please contact your Jefferies
representative.
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version on businesswire.com: http://www.businesswire.com/news/home/20170828005938/en/
For media inquiries:JefferiesRichard Khaleel,
+1-212-284-2556rkhaleel@jefferies.com
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