Search
Close this search box.

Industry News, Trustworthy Insights

Sign in
Subscribe
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Popular Companies:
Investment Banking

Jefferies Faces Q3 Revenue Dip Amid Dealmaking Challenges | Krugman Exclusive

Jefferies Financial Group Inc. reported lower-than-expected revenue for the third quarter, as the investment bank faced challenges in dealmaking.

This led to a decline in the share price of Jefferies by up to 7%. Photo: Getty Images
This led to a decline in the share price of Jefferies by up to 7%. Photo: Getty Images

The bank’s revenue from investment banking dropped by 30%, driven by a decrease in advisory revenue.

Overall, net revenue amounted to $1.18 billion, falling below the analyst estimate of $1.25 billion.

More from Krugman Insights

Industry news used by professionals

Try £4.99 per month

Subscribe
Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

More from Krugman Insights

7 Bell Yard, London, England, WC2A 2JR

Other

About

Legal & Privacy

© Copyrights 2024 - All Rights Reserved To Krugman Insights

Join us on
Linked
Linkedin-in
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Sign in

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.
Profile
Subscribe
© 2024 Krugman Insights. All rights reserved.

Send us your article

[formidable id=3]