Jefferies Group Inc., the investment bank that agreed to sell itself to Leucadia National Corp., paid Chief Executive Officer Richard Handler $19 million for fiscal 2012 and approved $39 million in restricted stock awards for the next three years.
When Mark Walter, the chief executive officer of Guggenheim Partners LLC, ran Chicago investment firm Liberty Hampshire Co., a junior associate asked in 1996 why he decided to accept money from outside investors.
Goldman Sachs Group Inc. accelerated delivery of $65 million in stock awards to 10 executives, including Chief Executive Officer Lloyd C. Blankfein, helping them avoid higher tax rates that take effect this year.
Jefferies Group Inc. agreed to be acquired by its biggest shareholder, Leucadia National Corp., in a $2.8 billion deal the companies said would make the investment bank better able to weather market turmoil.
Israeli shares declined in New York, pushing the benchmark index to its biggest weekly slump since July, as Palestinian missiles landed around Jerusalem and Tel Aviv while the army extended its bombing of the Gaza Strip.
Jefferies Group Inc., the investment bank that helped rescue Knight Capital Group Inc., dropped the most in 10 months in New York trading after reporting revenue and earnings that fell short of analysts’ estimates excluding gains from the deal.