Russian International Reserves Fall $15.7 Billion in Week to Dec. 19

Jefferies Says ‘No Meaningful Exposure’ to Crisis

Jefferies Group Inc. (JEF) said it had “no meaningful net exposure” to European sovereign debt as of Aug. 31.

The company said short positions and futures instruments of about $2.55 billion offset long positions of about $2.68 billion.

To contact the editor responsible for this story: Greg Chang at

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