Credit Suisse Group AG is seeking to thwart an attempt by Jefferies Group LLC to lure away a group of senior bankers. Five of eight Credit Suisse bankers who had been in talks to join Jefferies have instead agreed to stay on, according to a spokeswoman for the Swiss lender.
Category: Jefferies Group
Jefferies Profit Quadruples as Fixed Income, Equities Climb
Jefferies Group, the investment bank whose trading results often foreshadow performance at bigger Wall Street firms, said fourth-quarter profit quadrupled as revenue from trading stocks and bonds more than doubled. Net income jumped to $87.1 million in the three months ended Nov. 30, the New York-based company said Tuesday in a statement.