Jefferies Reports $10 Million Loss from First Brands Exposure

Jefferies has reported a new $10 million loss related to its exposure to collapsed car parts supplier First Brands, for which an investment fund owned by the bank provided off-balance sheet financing.

25 Mar, 20:16 — 25 Mar, 20:16

Post Share

Sources

Showing 1 of 1 sources

FTVery High14d ago

Jefferies reports new $10mn First Brands loss as it writes off exposure

Investment fund owned by bank provided off-balance sheet financing to collapsed car parts supplier

Read full article →

PERSPECTA

PERSPECTA

Jefferies Reports $10 Million Loss from First Brands Exposure

Sources

Jefferies reports new $10mn First Brands loss as it writes off exposure

Related Stories

Oil Prices Rise After Previous Day's Sharp Drop

No Jackpot Winner in Philippine Super Lotto and Lotto 6/42 Draws

US-Iran Tensions Influence Global Markets and Inflation

Powerful Nation Suspected of Doubling Gold Reserves Amid Record Imports

PERSPECTA