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Jefferies’s Record Year Spurs Rethink of Work-From-Home Model

  • CEO Handler says ‘newfound insights’ won’t go to waste
  • Revenue from stock and bond trading reaches all-time high
Richard Handler

Richard Handler

Photographer: Peter Foley/Bloomberg 

Jefferies Financial Group Inc. reported record revenue last year as the pandemic fueled a surge in trading and investment banking. Executives said the success has prompted them to consider a new model that gives employees more flexibility to work from home.

Calling 2020 a “seminal year” for the company, Chief Executive Officer Richard Handler said he envisions a hybrid work arrangement that features central offices and meeting places along with more flexibility for where employees choose to work.