Wednesday's Headlines: Jefferies Group's Been Expanding Head Count
Jefferies Group has increased its headcount 31 percent in less than two years. The firm could grow even more through its plan to sell $500 million worth of five-year notes in order to diversify its business. [The Deal]
New funds are springing up that blend quantitative investing, using financial data and computer models, and job opportunities will likely follow. [WSJ]
Representatives and advisers at Chicago-based Brewer Financial are reportedly looking to jump ship after the SEC charged the firm and its top two executives with fraud. [InvestmentNews]
U.S. banks are on the prowl for foreclosure experts. [Financial News]