Investment bank Jefferies has endured a number of struggles in 2014, between the high-profile divorce of high-flying healthcare banker Sage Kelly, whose drug-fueled sex-capades turned into front-page fodder for New York tabloids. Worse still, when the company announced its earnings under parent company Leucadia National Corp., it disappointed for M&A revenue this quarter, as well as trading income — something bankers in other top shops fear could hit them when other numbers come out this January. With law firms doubling down on key retention packages, other Wall St. pros must wait until next year.
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