LONDON & NEW YORK–(Business Wire)–
In a further expansion of the firm`s Global Equity Sales & Trading Business,
Jefferies today announced the appointment of David Craven as a Managing Director
and Equity Research Salesperson in London. Mr. Craven has more than 26 years of
industry experience and joins the firm from ICAP Equities.
Andrew Shortland, Head of International Equities at Jefferies, commented, “We
continue to invest in Jefferies` equity sales and trading business globally and
are delighted that David has joined our firm. His significant experience,
coupled with his longstanding relationships, will bring immediate value to
Jefferies` institutional clients globally.”
“Hiring David further underlines Jefferies` commitment to establishing a deep
and lasting relationship with the UK account base,” added Hamish MacLellan, Head
of International Equity Sales at Jefferies.
This appointment is a further next step in the ongoing expansion of Jefferies`
global sales and trading capabilities across equities and fixed income. The
equities group, which is focused on the sales, sales-trading, trading and
research of equity securities, consists of nearly 700 professionals in the US,
Europe and Asia focused on cash equities, equity research, algorithmic trading
and other electronic trading solutions, prime brokerage, securities finance,
equity derivatives and equity capital markets.
Mr. Craven joins the firm from ICAP Equities, where he spent a year and was a
Managing Director. He previously spent eight years at JP Morgan as an Executive
Director for Equity Sales, and has held similar positions at HSBC, Greig
Middleton, Gerrard Vivian Grey and BZW.
Jefferies, a major global securities and investment banking firm, has served
companies and their investors for more than 48 years. Jefferies & Company, Inc.
is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF:
www.jefferies.com), and Jefferies International Limited is the principal UK
operating subsidiary. Jefferies International Limited, a UK-incorporated
company, is authorised and regulated by the UK Financial Services Authority.
Jefferies & Company, Inc.
Tom Tarrant, 203-708-5989
Jefferies International Limited
Desiree Maghoo, +44 20 7029 8085
Josh Passman, 212-279-3115, x203
Copyright Business Wire 2010