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Jefferies' Clients, Employees and Shareholders Contribute $5.25 Million (424 Million Yen) for Japan Relief Efforts

2011-03-21 20:00
  • English

NEW YORK & TOKYO & LONDON -- (BUSINESS WIRE) --

Jefferies announced today a total donation of $5.25 million to ten organizations providing immediate help to victims of the earthquake and tsunami in Japan. The firm's clients helped to generate $3.65 million in donations from global net equity trading revenue for March 16 and net trading revenues during the week of March 14-18 for Jefferies' Asian offices. Jefferies also contributed $1 million directly, and voluntary donations from the firm's 3,099 employee-partners totaled another $600,000.

Contributions will be immediately distributed and designated for urgent, on-the-ground relief efforts associated with the recent earthquake and tsunami in Japan, and will be allocated to the following ten organizations:

 

 

 

 

 

 

Red Cross

 

 

 

$1,250,000

UNICEF

 

 

 

$1,000,000

Americares

 

 

 

$750,000

Shelterbox

 

 

 

$750,000

Habitat for Humanity

 

 

 

$250,000

Mercy Corps

 

 

 

$250,000

Save the Children

 

 

 

$250,000

World Vision

 

 

 

$250,000

Doctors without Borders

 

 

 

$250,000

GlobalGiving

 

 

 

$250,000

Total Donations

 

 

 

$5,250,000

 

 

 

 

 

 

"We are pleased to have raised $5.25 million for the Japanese relief efforts to assist those most affected by these tragic events," commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "We greatly appreciate the participation and support of our clients who directed their equity trading business to Jefferies, as well as our employee-partners who volunteered a day's salary to this worthy cause. It is our honor to be able to utilize Jefferies global platform for the benefit of assisting our Japanese brothers and sisters who have suffered, but will recover from this horrific tragedy."

Jefferies Group, Inc. (NYSE: JEF), a global securities and investment banking firm, has served companies and their investors for nearly 50 years.

 

CONTACT:

Jefferies & Company, Inc.
Tom Tarrant, +1 212 284 2389
ttarrant@jefferies.com
or
Jefferies International Ltd
Desiree Maghoo, + 44 20 7029 8085
dmaghoo@jefferies.com
or
CJP Communications
Josh Passman, +1 212 279 3115, x203
jpassman@cjpcom.com