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Jefferies has hired four senior Credit Suisse loan team members, according to people familiar with the matter, reflecting anticipation for new trading opportunities around leveraged finance.

Reuters reports that the hires come after Jefferies, a unit of Leucadia National Corp, quadrupled its profit during the fourth quarter.

The hires include Credit Suisse veteran Jonathan Moneypenny, who will co-head global leveraged finance capital markets alongside Brian Wolfe. Moneypenny, who had been at the Swiss bank for at least 20 years, will report to Jefferies fixed income head Fred Orlan.

Also joining Jefferies from Credit Suisse is Joseph Kieffer as U.S. head of leveraged finance capital markets.

New additions also include John Bown, who will join as head of loan sales, and Brad Capadona as a managing director in loan trading. Both will report to Jefferies' head of loan trading Anthony LoGrippo.

Hit the link below to access the complete Reuters article:

Jefferies hires four senior Credit Suisse loan team members

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