FOR IMMEDIATE DISTRIBUTION
LONDON and NEW YORK, 28 April 2009 – Jefferies International Limited, the UK subsidiary of US-based Jefferies Group, Inc. (NYSE: JEF), today announced that Domenico Nardelli and David Pye have joined the Firm’s Fixed Income group in London. Mr. Nardelli joins as a Managing Director and Mr. Pye joins as a Senior Vice President. Both professionals have more than 15 years of experience.
“Domenico and David are an integral part of our global fixed income team providing our government, corporate and institutional clients with a leading fixed income sales and trading platform.” said David Weaver, President of Jefferies International.
Tim Cronin, Global Head Jefferies Fixed Income Division, added, “Jefferies has become a leading provider of fixed income sales and trading, and adding key individuals like Domenico and David with the right experience and strong European relationships will ensure that we remain a preferred provider of fixed income sales and trading to clients globally.”
Globally, Jefferies has more than 250 professionals focused on the sales and trading of investment grade corporate bonds, US government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans and emerging markets debt. Last month Jefferies closed its acquisition of Depfa First Albany, a leading US municipal securities firm that provides integrated investment banking, advisory and sales and trading services. Earlier this year, Jefferies added senior institutional sales professionals for mortgage- and asset-backed securities in London and Los Angeles, as well as Daniel Markaity and Christopher Bury as Co-Heads of Jefferies’ Fixed Income Rates business in New York.
Mr. Nardelli joins Jefferies from Banc of America, where he was most recently a Managing Director in that firm’s Global Rates Currencies and Commodities group and Head of the Euro Medium Term Notes Desk. He was also a member of that firm’s Senior Leadership Group. Previously, Mr. Nardelli was Head of International Funding & Liability Management for the Italian Treasury, and was an Advisor to the Italian Executive Director at the International Monetary Fund in Washington, DC. He received a Master in Public Administration from Scuola Superiore della Pubblica Amministrazione, in Rome, and a BA in Political Science from Universita degli Studi di Pavia, cum laude.
Mr. Pye joins as a Senior Vice President for Rates Sales and was most recently a Vice President at Nomura International, where he was responsible for distribution of US and European-denominated government, agency and sovereign bonds. Previously he was an Associate Director at Bear Stearns and a Vice President at Merrill Lynch. Mr. Pye received a Masters in Medieval History from University of St. Andrews.
About Jefferies
Jefferies, an independent, full-service global securities and investment banking firm, has served companies and their investors for more than 45 years. Headquartered in New York City, with offices in more than 25 cities around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm provides investors with fundamental research and trade execution in equity, equity-linked, and fixed income securities, including corporate bonds, high yield bonds, US government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans and emerging markets debt, as well as commodities and derivatives. Jefferies offers companies capital markets, merger and acquisition, restructuring and other financial advisory services. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com). Jefferies International Limited, a UK-incorporated, wholly owned subsidiary of Jefferies Group, Inc., was established in London in 1985 and is authorised and regulated by the UK Financial Services Authority.
For further information please contact:
Tom Tarrant, Jefferies & Company, Inc., 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies International Limited, +44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com
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