Jefferies to Give First Look at Wall Street Earnings Amid Market Turmoil

Executives from Jefferies Financial Group Inc. recently piled into a bowling alley and concert venue along New Jersey’s shore to a celebrate a colleague as a rock band played. But in a sign of the times for the bank, the talk kept turning to its stock plunge.

The conversations, described by an attendee, pondered a question: whether the price is drifting so low it will entice the firm’s Japanese backer to scoop up a bigger share of the bank — and what that would mean for their own futures.