Richard Handler

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Jefferies CEO 'humbled'

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Jefferies reported a fiscal first-quarter loss as revenue from trading stocks and bonds tumbled 82%, leaving CEO Richard Handler vowing to do better.

Jefferies sees fixed income trading fall

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Jefferies Group whose trading results are seen as a bellwether for Wall Street firms, said fourth-quarter revenue from that business fell 36% as fixed-income sank for a fourth straight quarter.

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