US News

Jefferies says COVID-19 spike was not caused by a specific incident

Published by
Reuters

By Matt Scuffham, Jessica DiNapoli and Noor Zainab Hussain NEW YORK (Reuters) – A spate of COVID-19 cases at Jefferies Financial Group Inc was not caused by a specific incident, the Wall Street investment bank said on Thursday, and its decision to reinstate home working was erring on the side of caution. Jefferies on Wednesday sent staff home and cancelled client parties and virtually all but essential travel after nearly 40 new COVID-19 cases were reported at the firm, prompting speculation about the cause of the spike and whether other banks will follow suit. The Jefferies spokesman said the…

Read More

Facebook Comments

Check Also

Russian industry targeted, not consumers, if Biden export curbs imposed

Published by Reuters By Karen Freifeld (Reuters) – ...

Archives