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Jefferies Hires Dealmaker Philip Yates for U.K. Investment Bank

Jefferies headquarters in New York, U.S., on Tuesday, Jan. 4, 2022. 

Jefferies headquarters in New York, U.S., on Tuesday, Jan. 4, 2022. 

Photographer: Amir Hamja/Bloomberg

Jefferies Financial Group Inc. has hired City of London veteran Philip Yates to strengthen its U.K. investment banking business.

Yates joins as a vice chairman, the U.S. bank said in an emailed statement Wednesday. In a career spanning more than 30 years, he’s held senior investment banking roles at SG Warburg, Merrill Lynch and Perella Weinberg Partners.