Jefferies Financial Group Inc. operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management.
It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions. Additionally, it offers underwriting and placement services related to corporate debt, municipal debts, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services, as well as corporate lending services.
The company also offers financing, securities lending, and other prime brokerage services; equities research, sales, and trading services; wealth management services; and online foreign exchange trading services.
In addition, it provides investment grade distressed debt securities, U.S. and European government and agency securities, municipal bonds, leveraged loans, emerging markets debt, and interest rate and credit index derivative products. It also manages and offers services to a diverse group of alternative asset management platforms across a spectrum of investment strategies and asset classes.
The company serves public companies, private companies, and their sponsors and owners, institutional investors, and government entities. Jefferies Financial Group Inc. was formerly known as Leucadia National Corporation and changed its name in May 2018. The company was founded in 1962 and is headquartered in New York, New York.