NEW YORK - Jefferies Financial Group (NYSE: JEF) has announced the launch of its full-service investment banking operations in Canada, targeting a broad clientele that includes corporate, institutional, and governmental entities. The financial services firm is extending its global reach by offering a suite of services such as advisory, mergers and acquisitions (M&A) guidance, market access for equity and debt transactions, risk management solutions, research capabilities, and sales and trading support.
Bruce Rothney has been appointed as the CEO of Jefferies Canada, with a robust leadership team that includes John Manley serving as Chairman. This move strengthens Jefferies' leadership team in Canada and aligns with the company's strategic goal to establish a substantial presence in the Canadian market by 2024.
The expansion comes on the heels of recent growth initiatives by Jefferies in Europe, with new offices in France and Spain. The firm is also bolstering its international offerings through an enhanced strategic partnership with SMBC, which will expand their M&A advisory services.
Jefferies' executives Rich Handler and Brian Friedman have expressed their intention to leverage the firm's global platform along with local expertise to deliver comprehensive financial services. They aim to capitalize on Canada's economic growth trajectory, particularly in emerging sectors like technology and healthcare.
“Jefferies' culture has always been and continues to be that of a pure Wall Street partnership solely focused on providing the best advice to clients,” said Rothney.
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