Jefferies CEO Says Normalcy Won’t Return Until Late 2021
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The executives who run Jefferies Financial Group Inc. aren’t expecting the Covid-19 crisis to end anytime soon.
Chief Executive Officer Rich Handler and Brian Friedman, the firm’s president, say they’ve “decided to lead and prepare Jefferies in every way possible for the probability that it may not be until at least the third quarter of 2021 when we will have a true and fuller return to a world resembling the one we all took for granted.”