Jefferies continues to poach senior investment bankers from its larger competitors. It's just lured a 12-year veteran of J.P. Morgan to its Chicago office as managing director of not-for-profit healthcare investment banking.
After a long tenure as an executive director of public finance at J.P. Morgan, Timothy Wons, who has a law (J.D.) degree, joined join LHP Hospital Group as senior vice president of acquisitions and development, where he worked for close to two years before joining Jefferies in April.
Jefferies managing directors in the U.S. earn total compensation of $3.44m on average, including an average base salary of $287k and a cash bonus of $3.15m, according to Glassdoor.
Jefferies has been building the senior ranks in the U.S so far this year. It brought in John Bills as a managing director in the power, utilities and renewables group in the bank’s New York headquarters in March, and has also hired energy bankers Paul Cugno and Robert Anderson in January. Joseph Kieffer, an MD in leveraged finance at Credit Suisse in New York, also joined Jefferies in April to head up its U.S. leveraged finance capital markets activity.
Jefferies has also been building its emerging markets sales and trading team over the past few months, and has plans to hire more people as it aims to move up the league tables.
That has meant some big hires from larger banks this year, including Aaron Fernandes, hired from Barclays to be co-head of Jefferies’ emerging markets team; Kevin Kelly, poached from Goldman Sachs to serve as the other co-head of emerging markets; and Mouloud Ameni, a trader focused on Central and Eastern Europe, and Turkey bonds lured from Nomura.