Case 17 Jefferies Group

Jefferies is a major independent US headquartered global full-service integrated investment banking and securities firm. Jefferies Group LLC (“Jefferies Group”), the largest subsidiary, was established in 1962. The year 2022 marked Jefferies Group’s 60th anniversary. The company own a legacy portfolio of businesses and investments. Jefferies is involved in the business of investment banking, capital markets, and asset management. Jefferies is ranked eighth globally and seventh in the United States across all investment banking product. The company is ranked seventh globally in equity underwriting and eighth globally in equities cash trading. Jefferies is ranked No. 1 in market share in 2021 for secondary market trading of Investment Companies. In 2021, the company registered $4.4 billion record in investment banking net revenues which marked an 84% increase compared to the previous year. The average growth rate of total assets, revenues, and net income was 9%, 22%, and 186%, respectively during the period 2018–2021.