Jefferies Faces Questions After First Brands’ Collapse

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Recorded16 Oct 2025

Publishervideo-api.wsj.com

Handlerec:2099488

Show notes

P.M. Edition for Oct. 16. The auto-parts giant First Brands’ bankruptcy leaves investment bank Jefferies in the harsh spotlight of an accounting scandal. Plus, the endowments of American colleges posted their strongest returns in years. And after strong bank earnings this week, Heard on the Street writer Telis Demos discusses what might be missing in their reflection of the health of the economy. Sabrina Siddiqui hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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