Jefferies began 2012 as one of the only financial firms to have successfully stopped a short selling attack based on false information during a market panic. And things would get even better for the firm as 2012 unfolded.
Here's some of the firm's 2012 highlights:
Jefferies announces that it has agreed to acquire corporate broker Hoare Govett from The Royal Bank of Scotland Group plc.
Jefferies was named as one of the best companies to work for in the UK, as ranked by The Sunday Times, for the second year in a row.
Jefferies reports record Q1 revenues - $780m.
Jefferies opens an office at the Dubai International Financial Centre.
Jefferies voted Here Is The City's Best Place to Work in the Global Financial Markets by employees for the 3rd year in a row, and the 4th time in the last 8 years.
Jefferies expands its investment banking operations into Canada.
Jefferies lead manages the successful IPO of Manchester United, the largest IPO of a sports franchise on record.
Jefferies leads the rescue of Knight Capital.
Jefferies announces the largest 9-month revenues ($2.23bn), pre-tax earnings ($395m) and net income ($221m) in its history.
Jefferies celebrates its 50th anniversary.
Jefferies announces it has been granted a Capital Markets Services License by the Monetary Authority of Singapore for the regulated activity of trading in futures contracts.
Jefferies announces the expansion of its Asia Investment Banking business with five new senior appointments who will be based in Hong Kong, the firm’s Asian headquarters.
Jefferies announces a merger with Leucadia National Corporation, one of the largest, best-capitalized and best-known investment holding companies in the world. Richard Handler will becomes CEO and Brian Friedman will become President of Leucadia on the closing of the merger, in addition to maintaining their roles at Jefferies.
Jefferies will be the largest operating company within Leucadia which will have a $9.4bn shareholder equity base, over $5bn of cash, and over $4bn of tax NOL's.
Jefferies' 3,814 employees generate $4.5m for Hurricane Sandy Relief Efforts and sends money to 23 charities.
Jefferies CEO, Richard Handler, said: 'This year our 3,814 employee-partners have shown once again why our firm is different from all the others in our industry. The individual can always make a difference at Jefferies, but it is the collective team that truly makes it all happen'.
image: © Dan Moyle