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Jefferies Snaps Up RBS Greenwich Execs, Looks to Grow MBS Presence

Apr 23, 2008By

Downturn? What downturn? Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. [stock JEF][/stock], said earlier this week that it had expanded its fixed income business in mortgage-backed securities, snapping up two former managing directors from RBS Greenwich Capital as the New York-based firm looks to leverage itself in a down market.

3d rendering of a row of luxury townhouses along a street

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