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FOR IMMEDIATE RELEASE Jefferies Opens Office in Denver; Investment Bank Adds Nine Research and Sales Professionals from Schwab Soundview NEW YORK--(BUSINESS WIRE)--Nov. 23, 2004--Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced the hiring of nine professionals formerly of Schwab Soundview Capital Markets. Those joining Jefferies include five senior institutional salespeople, as well as the two senior equity research analysts and two senior research associates announced earlier this month. These additions further enhance the firm's strong research and sales offerings, and deepen Jefferies' overall effort to serve institutional investors. Jefferies has opened a Denver office for three of the five new equity research salespeople, including Jeffrey Andringa, Gregory Bjork, and Jeremy Huth. These professionals will cover institutional accounts in Denver, Kansas City and Wisconsin. Additionally, Richard Bradt will be based in the firm's New York headquarters, and Gregory Weissman joins the firm's 42-person Boston office. "The addition of these experienced, proven professionals furthers Jefferies' strategy to be a leading full-service Wall Street firm in our areas of focus," said Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "We will continue to add the right professionals to further enhance our growing platform." "Providing top-notch, must-read research in our areas of focus, coupled with the resources to distribute it effectively to our client base, remains a top priority for Jefferies," added Scott W. Jones, Director of Equities. "These senior analysts and veteran sales professionals are pivotal in this effort and greatly enhance our ability to serve institutional investors." As previously announced, the senior equity research analysts are Howard Rubel, covering Aerospace & Defense, and Glen Santangelo, who will follow the Healthcare Distribution & Technology Sector. The senior research associates, also in Healthcare, are Charles Rhyee and Ralph Giacobbe. With these additions, Jefferies now has 31 senior equity research analysts in the U.S. and well over 100 research professionals worldwide. Jefferies' research coverage includes nearly 1,000 companies in more than 30 industries. In institutional sales and trading, Jefferies continues to be a leader with one of the largest sales forces connecting a network of more than 2,000 institutional investors. About Jefferies Jefferies, a global investment bank and institutional securities firm, has served mid-sized and growing companies and their investors for over 40 years. Headquartered in New York, with more than 20 offices around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm is a leading provider of trade execution in equity, high yield, convertible and international securities for institutional investors and high net worth individuals. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF; www.jefco.com). CONTACT: SOURCE: Jefferies & Company, Inc. |
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