JEF Sep 2024 42.500 call
- Bloomberg
Jefferies Demands Weiss Claw Back $30 Million in Bonus Payouts
(Bloomberg) -- Weiss Multi-Strategy Advisers should claw back about $30 million that it paid employees just before filing for bankruptcy, the hedge fund’s main creditor, Jefferies Financial Group, said in court Tuesday.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughMortgages
- Bloomberg
Millennium Asked Weiss to Cut Staff, Expel Clients in Talks
(Bloomberg) -- Millennium Management demanded a number of significant changes at Weiss Multi-Strategy Advisers as part of failed talks to take over the troubled hedge fund, including firing all but five portfolio managers, winding down the firm’s core staff and kicking out client cash.Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightMusk’s xAI Raises $6 Billion in Bid to Challenge OpenAIXi’s China EV Dream Came True. 10 Years On, Walls Are Going UpChina Creates
- Bloomberg
Jefferies Boosts Cash Cushion to Deal With T+1 Trading Glitches
(Bloomberg) -- Jefferies Financial Group Inc.’s roughly $3 billion of debt sales last month were partly used to prepare for potential glitches when revamped trading rules take effect next week.Most Read from BloombergFed’s Favorite Underlying Inflation Gauge Is Seen CoolingSevere Turbulence Leaves 12 Injured on Qatar Airways FlightIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtIsraeli Military Proceeds Into Rafah Despite Court RulingSunak National Service Plan Faces Enforcement,
