Reuters: US Dollar Report: Jefferies Bache lays off five in London -sources

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Jefferies Bache lays off five in London -sources Mar 22nd 2012, 13:27 LONDON, March 22 | Thu Mar 22, 2012 9:27am EDT LONDON, March 22 (Reuters) - Jefferies Bache, a subsidiary of Jefferies Group is laying of five staff from its commodities trading operations in London, two sources familiar with the matter said on Thursday. Andy Ager, head of carbon and emissions, has left, a source at the company said. Ager could not be reached for comment. Another source said one staff member on the foreign exchange desk, one in structured products, one in metals and one on the marketing desk had also left. Jefferies Bache has around 170 staff in London, of which around half are responsible for trading or broking, one of the sources said.

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