Grygo is the chief content officer for FTF & FTF News.
Investment bank Jefferies will be donating the proceeds from its Global Trading Day, Tuesday, Oct. 10, 2023, “to fund accredited charities focused on providing humanitarian aid to those impacted by the violence and terror in Israel,” according to an announcement from the firm.
“Jefferies will donate 100 percent of net global trading commissions on October 10 for all trading in equities and fixed income by the firm’s clients. In addition, Jefferies as a firm will donate $1 million directly, and its more than 5,300 employees worldwide will be given the opportunity to personally donate to these efforts,” according to the announcement. “These contributions will then be carefully allocated to qualified charities to make sure the proceeds go directly to the people most in need.”
The Palestinian terrorist group Hamas, which oversees the Gaza Strip, “launched one of the broadest invasions on Israeli territory for 50 years. Israel has retaliated with airstrikes,” as reported in The New York Times. “Hamas Palestinian militants from Gaza raided Israel on Saturday, killing and abducting hundreds”
Media outlets reported on Monday, Oct. 9, that the death toll from the sudden war was estimated to range approximately from 1,100 to 1,600 for both sides.
“Around 900 people, including 73 soldiers, have been killed in Israel, according to media. In Gaza, more than 680 people have been killed, according to authorities there. Thousands have been wounded on both sides,” according to the Associated Press.
“We are devastated by the violence and terror that has affected families and communities in Israel. Charities working to provide aid and services to those wounded, traumatized or displaced will receive our support. We encourage our employees and clients around the world to join in this effort,” according to a statement from Rich Handler, CEO, and Brian Friedman, president, of Jefferies.
Officials at the firm ask that clients reach out to Jefferies representatives to gather information about how to donate.
Jefferies offers investment banking and capital markets services including advisory, sales and trading, research, and wealth and asset management support, officials say. The bank’s global headquarters are in New York City.
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