One year ago, Euromoney went deep into Jefferies to lay out the firm’s 20-year journey from being the minnow of investment banking to breaking into ‘the big league’.
At the time, the firm’s irrepressible chief executive Rich Handler and president Brian Friedman were full of the joys of spring, able to mark the occasion of the firm’s 60th anniversary with records aplenty after having gorged on the capital markets feast that was on offer in 2021, in what would be the last hurrah of a zero-rate world.
That extraordinary year was always going to be a high water mark for Wall Street.
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