US investment bank Jefferies Group Inc, responding to a plunge in its shares, said it had no meaningful net exposure to European sovereign debt, and that it was, in fact, positioned to profit should credit quality there deteriorate further. ... Jefferies says has no meaningful Europe exposure
Thursday, November 3, 2011
Jefferies says has no meaningful Europe exposure
US investment bank Jefferies Group Inc, responding to a plunge in its shares, said it had no meaningful net exposure to European sovereign debt, and that it was, in fact, positioned to profit should credit quality there deteriorate further. ... Jefferies says has no meaningful Europe exposure
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