- Language: English
- 92 Pages
- Published: March 2010
- Region: United Kingdom
Summary: Jefferies Group Inc. Aug 12
- Published: August 2012
- Standard & Poors
Standard & Poor's Ratings Services' ratings on Jefferies Group Inc. reflect the company's improving competitive position in providing investment banking and sales and trading services to small, medium, and increasingly larger corporate clients. Strategy and management have been consistent and successful over the past decade, in contrast to many larger competitors that have either failed, merged, or significantly changed their strategies and focus. Jefferies' capital and funding and liquidity are relatively conservative, but this may be somewhat of a necessity because it's unlikely the government would support Jefferies in a crisis. Other factors we consider are the volatile revenues and earnings industrywide, largely due to heightened systemic capital market risk resulting from the European debt crisis as well as rapid...
Companies mentioned in this report are: Jefferies Group Inc.
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Jefferies Group Inc.