Jefferies Dedicates Covid-19 Relief Charity Day To Late CFO
Jefferies announced that it is holding its Global Coronavirus Relief Charity Day today. The firm and its staff will contribute to global charities and relief efforts to assist those suffering from the devastation caused by the Coronavirus global pandemic and will offer investors around the world the opportunity to join these efforts by trading with Jefferies. Jefferies will dedicate this entire effort to their late CFO Peg Broadbent, who was a victim of this terrible disease.
As previously announced, Jefferies will donate net commissions from trading today, Wednesday, May 27th, for all global trading in equities, fixed income and foreign exchange by the firm’s clients. In addition, Jefferies as a firm will donate $1 million directly, and all 3,822 employees worldwide will be given the opportunity to donate to these efforts. These contributions will be allocated to a series of charities on the front lines in fighting this ongoing global pandemic and providing urgently needed relief for those affected. For our friends and partners who would like to join us in donating to support this effort and honor Peg, please contact Richard Khaleel and we will coordinate your donation to be sure it gets properly credited in your name to one of our chosen charities.
Rich Handler, CEO, and Brian Friedman, President, of Jefferies commented: “All of us at Jefferies have been personally and deeply saddened by the loss of our friend and long-time colleague, Peg Broadbent, to the Coronavirus and we are very concerned about the terrible loss of life and global impact of this pandemic. We dedicate this Global Charity Day in honor of Peg and encourage Jefferies’ global employees and clients to join our efforts to help those in need.”
UBS said it is the first major global financial institution to make this recommendation.
The majority of banks have established board level oversight on sustainable finance.
Mouro Capital manages a portfolio of more than 30 companies.
The firm's technology helps financial institutions free up capital.
Fraser is currently President of Citi and CEO Of Global Consumer Banking.