Net income for the third quarter stood at $407 million, or $1.50 per share. Jefferies Financial Group’s CEO Rich Handler, and company President Brian Friedman said: We are humbled by and deeply grateful for the confidence and trust our clients have shown in us, not just this quarter, but over the years and decades we…
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Retail FX broker FXCM has announced that its volumes in June were down by 5% month-over-month, $202 billion versus $212 billion in May. We are expecting a (quiet) rebranding of FXCM in the coming weeks. FXCM incorporated the name of its parent company Leucadia into its logo a few months back. However Leucadia recently renamed itself Jefferies Financial…
Read moreInvestment firm Leucadia National Corp has announced that its shareholders have overwhelmingly voted in favor of the company's planned name change, to Jefferies Financial Group Inc. The name change becomes effective immediately. As of trading Thursday morning, Jefferies Financial Group Inc. will trade on the New York Stock Exchange under the new ticker symbol JEF. The move…
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