Jefferies Group, an American global investment bank and institutional securities firm, has hired two managing directors Richard Thoms and Ming Lai from Citigroup for its event-driven desk.
Thoms will be managing director of trading, while Lai will be managing director of sales.
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They both left Citigroup on 13 May 2013, and will start at Jefferies on 8 July 2013.
Prior to joining Jefferies, Thoms and Lai had previously worked at Lehman Brothers Holdings Inc. and Barclays Plc.
Event-driven desks specialize in trading around company changes such as mergers, spinoffs and bankruptcies.
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