At Deadline
Traders Magazine, August, 2005
Shaw Retires
*John Shaw, president of Jefferies Group, has resigned. Shaw, 58, spent 22 years with Jefferies, serving as its president for the past five.
During his reign, Shaw oversaw the transformation of Jefferies from a firm known primarily for its cash equities trading into an integrated investment bank. Asset management and investment banking fees now account for about 40 percent of Jefferies revenues. In 2000, they represented only 17 percent. The diversification has helped Jefferies weather the hard times in its traditional trading businesses. For the first four years of Shaw's term, revenues from cash equities trading declined. Last year, though, they rose sharply, due to several large block trades that resulted from investment banking relationships,...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
