Jefferies private equity chief gets $10m

Brian Friedman, president of Jefferies Capital Partners, the private equity arm of the US bank, could receive bonuses of nearly $10m (€8.2m) over the next 18 months.

The details of Friedman's pay package were revealed in a recent filing with the US Securities and Exchange Commission after he joined the board of Jefferies, the US bank that focuses on medium-sized companies, last month.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump