Jefferies To Distribute JB Securities Equity Research On Companies In Sri Lanka

(RTTNews) - Jefferies Group LLC, a wholly-owned subsidiary of Leucadia National Corp. (LUK), announced that it is entering into a cooperation agreement with JB Securities (Pvt) Limited to distribute JB Securities equity research on companies in Sri Lanka on a co-branded basis.

Jefferies said it has formed similar alliances over last year in South Korea, Australia, Malaysia, Indonesia and Thailand to broaden its equity research offering to its global client base.

Michael Alexander, Chief Executive Officer of Jefferies Asia, commented, "We are pleased to align with JB Securities as we continue to grow our Pan-Asian equities business to better serve our diverse and global client base. We continue to expand our business across the region with a focus on delivering top-tier and targeted research coupled with superior execution and distribution."