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Jefferies Expands Fixed Income Business in Mortgage-Backed Securities.

Publication: Business Wire
Publication Date: 22-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Ten Senior Professionals to Join Growing Effort

NEW YORK -- Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced the expansion of its fixed income business in mortgage-backed securities. The Firm expects ten senior professionals to join its existing mortgage trading effort over the next several weeks.

The enlarged team of mortgage specialists will focus on the trading, origination and sales of mortgage-backed securities. This group will be led by Managing Directors William H. Jennings, II, who is expected to join the...

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