Jefferies announced today a total donation of $5.0 million to 14 organizations providing immediate help to victims of Hurricane Harvey. The firm's clients helped to generate over $3.2 million in donations through global net trading commissions on August 30th. Jefferies also contributed $1 million directly, and voluntary donations from the firm's 3,324 employees totaled another $800,000.
"We are proud of our entire Jefferies family who raised $5.0 million for the relief efforts around Hurricane Harvey,” commented Rich Handler, Chairman and Chief Executive Officer, and Brian Friedman, Chairman of the Executive Committee of Jefferies. “We greatly appreciate the participation and support of our clients who directed their trading business to Jefferies on August 30th to help maximize our contribution, as well as all the donations from our own employees who generously volunteered to give to this important cause. It is our honor to provide some assistance to this recovery, and our hearts go out to all the families affected by this incredible natural disaster. We also want to thank all of the dedicated disaster relief professionals who are working tirelessly to help those in need. They are our true heroes as they are risking their lives to save others."
Contributions will be immediately distributed and designated for urgent, on-the-ground relief efforts associated with Hurricane Harvey, and will be allocated to the following 14 organizations:
| American Red Cross | $1,000,000 | ||
| Habitat for Humanity | $1,000,000 | ||
| SBP | $1,000,000 | ||
| Hurricane Harvey Relief Fund | $500,000 | ||
| UNICEF | $350,000 | ||
| Americares | $350,000 | ||
| Houston Police Department | $150,000 | ||
| Small Steps Nurturing Center | $100,000 | ||
| KIPP Houston | $100,000 | ||
| Yes Prep | $100,000 | ||
| Houston Food Bank | $100,000 | ||
| Star of Hope | $100,000 | ||
| Friends for Life | $100,000 | ||
| Coalition for the Homeless | $ 50,000 | ||
| $5,000,000 | |||
Jefferies, the world's only independent full-service global investment banking firm focused on serving clients for over 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. Our firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income and foreign exchange, as well as wealth management, in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Leucadia National Corporation (NYSE:LUK), a diversified holding company.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170831005635/en/
Contacts:
Jefferies
Richard Khaleel, +1 212-284-2556
rkhaleel@jefferies.com
