Jefferies Boosted By Bond Trading

The independent investment bank reports better than expected fourth-quarter profits, with net income jumping 48% from a year earlier

BING NEWS:
  • Lunch with Sistema founder Brendan Lindsay, the plastic-fantastic boss and rich-lister now helping other people click
    The man who created Sistema from his garage and later sold it for $660 million opens up on his extraordinary back story, the sudden surge of wealth, how Kiwis reacted, political donations and his new ...
    09/6/2024 - 7:44 am | View Link
  • There's no X in Brazil. Celebrity fandom worldwide is in disarray
    En masse, celebrity stan accounts posted tearful farewells over the weekend as X was suspended in Brazil amid a showdown between Elon Musk and a Supreme Court justice.
    09/5/2024 - 7:30 am | View Link
  • How Italy’s largest fossil fuel company uses climate-related bonds as a loophole to keep financing hydrocarbons
    Investors poured billions into Eni's "green-labelled" bonds, under terms and conditions which give them the freedom to continue to fund carbon-emitting activities.
    09/3/2024 - 1:58 am | View Link
  • VW considers closing German factory for first time in 87-year history
    Bond yields move inversely with prices ... The pound, which is worth about $1.313 today, will be boosted by “above trend growth” in Britain’s economy. Sterling is expected to reach $1.35 by the end of ...
    09/2/2024 - 7:04 am | View Link
  • Analysis-Bond Markets Face a Reckoning After Stellar Summer Run
    Benchmark 10-year U.S. Treasury yields are set to end August down nearly 30 bps, their biggest monthly drop this year, driven by expectations for speedier rate cuts - even as economic data has eased ...
    08/28/2024 - 7:09 pm | View Link
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