Jefferies has appointed Richard Thomas, a veteran banker from Lazard, as the global head of its activism defense practice. Thomas previously served as co-head of Lazard's Equity Advisory practice, bringing extensive experience to his new role. This hire is a strategic move to strengthen Jefferies' capabilities in advising corporations facing pressure from activist investors.
The addition of Thomas is expected to enhance Jefferies' specialized advisory services, providing clients with expert guidance in complex shareholder activism situations. This move reflects the firm's commitment to expanding its offerings and competitive positioning in critical areas of investment banking. Thomas will replace Chris Young, who is departing the bank.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.