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Jefferies starts its 50th year of serving clients

Monday, October 03, 2011
Opalesque Industry Update - Jefferies, the global investment banking firm, starts its 50th year of serving clients. Incorporated on October 2, 1962, today Jefferies is a global leader in providing insight, expertise and execution to investors, companies and governments.

Richard B. Handler, Jefferies Chairman and CEO, commented, “Jefferies was founded almost 50 years ago to improve clients' liquidity by creating a “third market” that efficiently matched equity buyers and sellers to achieve the best execution possible. We prioritized our clients while our competitors fought to maintain the status quo for their own benefit. We then created one of the world’s first electronic trading platforms, which became Investment Technology Group. Today we are a global, full-service investment bank serving investors, companies and governments. ‘Clients First’ is not just a thought at Jefferies. It has been our core value for nearly 50 years and will continue to be the philosophy that drives every one of us at Jefferies."Source

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