By Manya Saini (Reuters) -Jefferies was defrauded by bankrupt auto parts maker First Brands Group, its CEO Rich Handler said ...
The line item in Point Bonita Capital’s April investor letter amounted to the ultimate Wall Street boast: “% of Positive Months: 100%.” ...
The bank’s CEO and president distanced their company from the bankrupt auto parts supplier and emphasized Jefferies’ ...
U.S. loan funds are seeing sharp outflows this month as the bankruptcy of First Brands Group raises concerns over opaque ...
When First Brands imploded, revealing more than $2 billion of missing investor funds, the shockwaves were immediate. A ...
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 ...
Jefferies Financial, whose stock had dropped roughly 18% since late last month, lost another 9% Thursday, during a [selloff ...
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 ...
When First Brands Group tried to refinance about US$6bil of debt over the summer, the auto-parts supplier lined up Banco ...
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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