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Jefferies Financial Group (JEF) investor relations material
Jefferies Financial Group Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
The 2026 annual meeting will be held virtually, with voting on director elections, executive compensation, auditor ratification, an amendment to the Certificate of Incorporation, and a potential adjournment proposal if more time is needed for proxy solicitation.
Fiscal 2025 saw strong performance, with $7.3 billion in net revenues, $0.9 billion in pre-tax income, and a 10.1% ROTE, driven by a robust second half.
The strategic alliance with SMBC Group expanded, including a joint venture in Japan, SMBC's intent to increase ownership to 20%, and $2.5 billion in new credit facilities.
Notable business achievements include top rankings in investment banking, equities, and fixed income, as well as significant asset management growth and a 50% increase in third-party managed capital.
Voting matters and shareholder proposals
Shareholders will vote on the election of directors, an advisory say-on-pay vote for 2025 executive compensation, ratification of Deloitte & Touche LLP as independent auditors, amendment and restatement of the Certificate of Incorporation to increase authorized non-voting common stock, and adjournment if needed for further proxy solicitation.
The board recommends voting in favor of all proposals.
Board of directors and corporate governance
The board consists of 12 nominees with diverse backgrounds and skills, including executive leadership, financial expertise, risk oversight, and global business experience.
SMBC Group's Yoshihiro Hyakutome is nominated to replace Toru Nakashima as part of the strategic alliance.
Corporate governance practices include an independent lead director, majority voting, board refreshment, clawback policy, prohibition on hedging, proxy access, and robust stock ownership guidelines.
All non-employee director nominees, except the SMBC Group nominee, are considered independent.
The board and committees conducted annual self-evaluations and individual director assessments.
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Frequently asked questions
A client-centric investment bank
Jefferies is an investment bank that provides a wide range of financial services to clients worldwide. With expertise in areas such as investment banking, capital markets, and asset management, Jefferies offers strategic advisory services, underwriting of securities, mergers and acquisitions, and other corporate finance solutions. The firm focuses on building strong relationships with clients, leveraging their deep industry knowledge and global network to deliver a service tailored to the client’s objectives and needs.
A global reach
Jefferies has a rich history that dates back to its founding in 1962. Over the years, the company has grown to become a global investment bank with a presence in major financial centers around the world. With offices in North America, Europe, and Asia, Jefferies operates across international markets, serving clients globally. The firm has a strong track record in providing financial solutions and advisory services to corporations, institutions, and governments.
A diverse offering of financial services
Jefferies offers a wide range of financial services and solutions to meet the diverse needs of its clients. These services include investment banking, capital markets, asset management, and securities research. Some of their competitors include other financial institutions such as Goldman Sachs and JPMorgan.
In investment banking, Jefferies provides advisory services for mergers and acquisitions, debt and equity offerings, and restructuring transactions. The capital markets division of the company offers underwriting and distribution capabilities for various securities. The asset management arm focuses on managing investment portfolios and providing investment strategies in close correspondence with the client in question. Jefferies also has their own securities research department which provides insights and analysis on investment opportunities in global markets, industries, and companies.
Client centric approach
Jefferies works under the motto “Clients first-always”. Operating under a client centric approach is something that most investment banks do, but Jefferies takes great pride in providing their clients with solutions that are tailored to their specific needs and objectives. Putting the client first has become part of the culture at Jefferies, and is a crucial building block of the organization.
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