Jefferies' Clients, Employees and Shareholders Contribute $5.0 Million for Hurricane Harvey Relief Efforts
August 31 2017 - 7:59AM
Business Wire
Jefferies announced today a total donation of $5.0 million to 14
organizations providing immediate help to victims of Hurricane
Harvey. The firm's clients helped to generate over $3.2 million in
donations through global net trading commissions on August 30th.
Jefferies also contributed $1 million directly, and voluntary
donations from the firm's 3,324 employees totaled another
$800,000.
"We are proud of our entire Jefferies family who raised $5.0
million for the relief efforts around Hurricane Harvey,” commented
Rich Handler, Chairman and Chief Executive Officer, and Brian
Friedman, Chairman of the Executive Committee of Jefferies. “We
greatly appreciate the participation and support of our clients who
directed their trading business to Jefferies on August 30th to help
maximize our contribution, as well as all the donations from our
own employees who generously volunteered to give to this important
cause. It is our honor to provide some assistance to this recovery,
and our hearts go out to all the families affected by this
incredible natural disaster. We also want to thank all of the
dedicated disaster relief professionals who are working tirelessly
to help those in need. They are our true heroes as they are risking
their lives to save others."
Contributions will be immediately distributed and designated for
urgent, on-the-ground relief efforts associated with Hurricane
Harvey, and will be allocated to the following 14
organizations:
American Red Cross $1,000,000 Habitat for Humanity
$1,000,000 SBP $1,000,000 Hurricane Harvey Relief Fund $500,000
UNICEF $350,000 Americares $350,000 Houston Police Department
$150,000 Small Steps Nurturing Center $100,000 KIPP Houston
$100,000 Yes Prep $100,000 Houston Food Bank $100,000 Star of Hope
$100,000 Friends for Life $100,000 Coalition for the Homeless
$ 50,000 $5,000,000
Jefferies, the world's only independent full-service global
investment banking firm focused on serving clients for over 50
years, is a leader in providing insight, expertise and execution to
investors, companies and governments. Our firm provides a full
range of investment banking, sales, trading, research and strategy
across the spectrum of equities, fixed income and foreign exchange,
as well as wealth management, in the Americas, Europe and Asia.
Jefferies Group LLC is a wholly-owned subsidiary of Leucadia
National Corporation (NYSE:LUK), a diversified holding company.
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version on businesswire.com: http://www.businesswire.com/news/home/20170831005635/en/
For media inquiries:JefferiesRichard Khaleel, +1
212-284-2556rkhaleel@jefferies.com
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