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Jefferies Hires Alexander, 5 CLSA Staff for Asia Sales, Trading

July 29 (Bloomberg) -- Jefferies Group Inc., the New-York based investment bank, hired Michael Alexander as chief executive officer of its Asia unit and five other CLSA employees to build sales and trading, and equity research in the region.

Alexander will join the company in October from Credit Agricole SA’s CLSA unit, Jefferies said in a statement today. Alexander has 25 years of experience in sales and trading and will be based in Hong Kong.

Jefferies plans to hire additional sales and trading, and research personnel in the region in the coming months including Chris Shute, Tom Halliwell, Phil Lord, Michael Collett, and Quinn Bolon from CLSA. It is also hiring Nilesh Jasani and Grant Williams formerly of Credit Suisse Group AG, Jefferies said in today’s release.

Jefferies has increased staff by more than 25 percent in two years, as it targets growth in Hong Kong, India, Japan, Singapore, Korea and Taiwan, it said.

To contact the reporter on this story: Finbarr Flynn in Tokyo at fflynn3@bloomberg.net;

To contact the editor responsible for this story: Brett Miller at bmiller30@bloomberg.net

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