SG deal draws a line under period of uncertainty over future of Bache
Societe Generale Corporate &
Investment Banking is to take on the majority of futures assets
from Jefferies Bache, ending a period of uncertainty about the
future of the Jefferies unit.
SocGen is acquiring "selected assets" from
Bache across its equities, fixed income, energy and soft, base
metals businesses, and some of its base metals over-the-counter
(OTC) derivatives business, according to a source close to the
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