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Jefferies Financial Group Faces Major Losses in First Brands Bankruptcy

Jefferies Financial Group Faces Major Losses in First Brands Bankruptcy

BUSINESS - 10/8/2025

Jefferies Financial Group's fund has taken a massive hit, with nearly a quarter of its $3 billion trade finance portfolio tied to the now-bankrupt First Brands Group. The bank's total exposure reaches $161 million.

First Brands Group Holdings Enters Chapter 11 Bankruptcy Amidst Financial Turmoil

First Brands Group Holdings Enters Chapter 11 Bankruptcy Amidst Financial Turmoil

BUSINESS - 9/29/2025

First Brands Group Holdings has filed for Chapter 11 bankruptcy following weeks of financial distress. A creditor group is set to provide $1.1 billion to sustain operations amidst concerns over its financing practices.

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