Jefferies CEO and President: “First Brands situation could cause Jefferies financial loss over time”
Jefferies’ investments effectively comprise $43 million, or 5.9%, of Point Bonita’s accounts receivables purchased from First Brands.
Jefferies’ investments effectively comprise $43 million, or 5.9%, of Point Bonita’s accounts receivables purchased from First Brands.
Jefferies Financial Group, Inc. (NYSE:JEF) has issued an update on Point Bonita Capital and First Brands Group.