By Manya Saini (Reuters) -Jefferies was defrauded by bankrupt auto parts maker First Brands Group, its CEO Rich Handler said ...
The bank’s CEO and president distanced their company from the bankrupt auto parts supplier and emphasized Jefferies’ ...
J efferies Financial Group appears to have calmed investors’ worst fears about the bank’s involvement in the collapse of auto ...
When First Brands imploded, revealing more than $2 billion of missing investor funds, the shockwaves were immediate. A ...
The line item in Point Bonita Capital’s April investor letter amounted to the ultimate Wall Street boast: “% of Positive Months: 100%.” ...
The unraveling of auto-parts company First Brands Group has raised questions about who could have seen it coming. Jefferies ...
For Jefferies Financial Group Inc., the speculation around its role in the sudden demise of First Brands Group became too ...
The investment bank’s deep ties to the auto-parts maker are likely to draw questions at its annual investor day Thursday ...
The founder and CEO of First Brands is resigning just weeks after the auto parts supplier filed for bankruptcy protection ...
When First Brands Group tried to refinance about US$6bil of debt over the summer, the auto-parts supplier lined up Banco ...
Jefferies Financial says that it is confident that any losses or expenses from investments of Point Bonita’s accounts receivables or otherwise in respect of First Brands can readily be absorbed and do ...
An asset manager controlled by a unit of Jefferies Financial Group Inc. sank nearly a quarter of its $3 billion trade finance ...
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