Jefferies Chair Quits After Less Than 3 Years: FT

Jonathan Slone will resign as Asia chair at Jefferies, the US investment bank, after less than three years in the role to pursue opportunities in private equity, the Financial Times reported.

Slone is among the most high-profile finance veterans in Hong Kong, having previously worked in leadership roles at CLSA, a brokerage in the territory, for three decades.

He confirmed to the FT that he would relinquish his chair role and become a senior global adviser to Jefferies from November 30, adding that he would remain in Hong Kong.

Read the full report: Financial Times

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.