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Jefferies shares tumble as CEO alleges fraud tied to First Brands exposure
Jefferies dropped a bomb in front of its investors. Rich Handler, the bank’s CEO, came out swinging on Thursday, saying loud and clear: “We believe we were defrauded, OK?” That statement hit as the fi...

Jamie Dimon says “Cockroaches” lurk in the US economy
Wall Street’s worst fear got a name this week: cockroaches. That’s what Jamie Dimon, the CEO of JPMorgan Chase, called the unseen threats lurking in the US financial system. On Wednesday, during an ea...

Chainlink Poised to Power TradFi Shift to Blockchain, Jefferies Says
The network secures $103 billion across more than 2,500 projects with partners such as Swift, DTCC and JPMorgan.

Investment Bank Jefferies’ Cryptocurrency Report: “What the Internet Was in 1996, Now…”
US-based investment bank Jefferies, in its report prepared for large institutional investors, likened the development stage of the cryptocurrency market to the internet era in 1996. The bank argued th...