Jefferies' Clients, Employees and Shareholders Contribute $5.0 Million for Hurricane Harvey Relief Efforts - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 31, 2017 Newswires
Share
Share
Post
Email

Jefferies’ Clients, Employees and Shareholders Contribute $5.0 Million for Hurricane Harvey Relief Efforts

Business Wire

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)-- 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/

For media inquiries:

Jefferies

Richard Khaleel, +1 212-284-2556

[email protected]

Source: Jefferies

Older

Sens. Schumer, Gillibrand, Rep. Tonko Announce $311,746 for New York State Fire Prevention

Newer

Henry Schein Partners With IMF And LUGPA To Raise Awareness Of The Critical Role Early Detection Plays In The Fight Against Prostate Cancer

Advisor News

  • Nearly half of nonretirees doubt they will fully retire
  • How much could failure to fund Social Security cost average Americans?
  • How can more Americans achieve financial independence?
  • Savers vs. spenders: How money management attitudes impact financial confidence
  • Demonstrating the value of life insurance to Gen Z
More Advisor News

Annuity News

  • Jackson CEO Laura Prieskorn to retire at the end of 2026
  • Has your annuity been reinsured in the Cayman Islands? Here’s why it matters
  • DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
  • AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
  • Advisors don’t have an annuity problem; they have an integration problem.
More Annuity News

Health/Employee Benefits News

  • IOWANS ARE HOLDING ASHLEY HINSON ACCOUNTABLE FOR RAISING THEIR HEALTH INSURANCE PREMIUMS
  • RECAP: IOWANS CALL OUT ASHLEY HINSON FOR SENDING HEALTH INSURANCE PREMIUMS SKYROCKETING AND CLOSING HEALTHCARE CLINICS
  • New dashboard tracks Kansas Affordable Care Act enrollment by legislative district, county
  • Owen Foster stepping down as chair of state's most powerful healthcare regulator
  • Hamilton Seeks U.S. Senate Seat
More Health/Employee Benefits News

Life Insurance News

  • AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio
  • AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
  • Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
  • ATTORNEY GENERAL BRENNA BIRD LEADS FIGHT TO PROTECT IOWA PENSIONS
  • AM Best Affirms Credit Ratings of Bao Viet Insurance Corporation
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet