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Better news at Jefferies

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Jefferies Group posted a 55% surge in bond-trading revenue, the biggest increase since the third quarter of 2014, helping the firm recover from a punishing loss in the previous three months.

Jefferies to make further changes to investment banking

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Jefferies Group is making more changes to the investment-banking division that manages relationships with private equity firms, according to people familiar with the matter, following the departure of the group’s global head, Adam Sokoloff, in March.

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Better news at Jefferies

Jefferies Group posted a 55% surge in bond-trading revenue, the biggest increase since the third quarter of 2014, helping the firm recover from a punishing loss in the previous three months.