Jefferies is joining other Wall Street banks in vowing to cover employees' abortion-related travel, as its top leaders pledge to donate $1 million to causes that 'champion women's rights'
Jefferies Financial Group is set to join a host of Wall Street banks and giants throughout the ranks of corporate America in committing to pay for employees' out-of-state travel to seek an abortion, Insider has exclusively learned., will announce later on Monday morning in an internal memo that it will"cover any employee-partners' costs should she decide to terminate a pregnancy and be forced to do so in a state other than the one in which she lives.
, handing authority over whether or not to legalize abortion back to the states and bringing an end to a nearly 50-year chapter in which abortion has been legal nationwide. What's more, CEO Richard Handler and President Brian Friedman, who will co-sign the memo, are set to add that, in their"individual capacities," they will"donate a combined $1 million in support of charitable causes that champion women's rights." — a network that"invests in the recruitment, retention, and advancement" of women at the firm — for suggestions about which charitable organizations to support.
Richard Handler is the CEO of Jefferies Financial Group. He and the firm's president Brian Friedman are vowing to donate a combined $1 million in their"individual capacities" to causes that support women's rights.
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