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Jefferies and BOCI In Strategic Alliance

Jefferies LLC today announced that it has entered into a strategic alliance with BOC International Holdings Limited (“BOCI”), a wholly owned subsidiary of Bank of China. Under the agreement, BOCI and Jefferies will have the ability to jointly provide investment banking advisory and capital markets services to clients globally. In addition, BOCI and Jefferies will distribute co-branded equity research to their global base of institutional clients and will continue to provide sales and trading services to their clients with respect to the China and Hong Kong equity markets Benjamin Lorello, Global Head of Investment Banking at Jefferies, commented, “Our alliance with...