Jefferies (JEF) is looking to set up a corporate lending business in Europe to expand its...

|By:, SA News Editor

Jefferies (JEF) is looking to set up a corporate lending business in Europe to expand its fast-growing operations in the region, FT reports, as the mid-size U.S. investment bank seeks to grab market share from retrenching rivals. "We are working actively to develop corporate lending capacity in Europe and have underwritings in process," JEF's Brian Friedman says.