First Brands Group
Coverage of First Brands Group in the Nexus archive.
- Jefferies Returns From Caracas Saying Dollar Flows May Lift Debt
Jefferies defended its dealings with First Brands Group, stating its exposure to the bankrupt auto-parts supplier was small. The investment bank aims to revive investor confidence after a sharp selloff in its stock.
- Jefferies Says Investors Boost ‘Nuclear Exposure’: ESG Investing
Jefferies Financial Group is facing multiple lawsuits after its investments in car-parts supplier First Brands Group and water-vending machine business Water Station collapsed due to alleged fraud at both companies. The firm's controversial bets have drawn scrutiny amid claims of fraudulent practices.
- Jefferies Hires Volschenk to Lead Metals and Mining in EMEA
Jefferies Financial Group Inc. has hired Volschenk to lead metals and mining in EMEA. The company recently defended its dealings with First Brands Group, stating its exposure to the bankrupt auto-parts supplier is small. Jefferies aims to revive investor confidence after a sharp selloff in its stock.