Jefferies Expands Senior Deal Team with 20% Surge in Managing Directors

Jefferies, a leading US investment bank, is aggressively increasing its pool of senior dealmakers amidst widespread cutbacks by larger competitors.

This marks a significant increase from the 299 managing directors the bank had at the beginning of the year and represents a 70% surge since the start of the Covid-19 pandemic in 2020.

Jefferies has been successful in attracting talent from rivals including Credit Suisse and JPMorgan over the past few months.