Jeffries grows energy team

US investment bank Jeffries has expanded its management team for the firm's energy investment banking group Jeffries Randall & Dewey. The appointments include former co-president Ralph Eads as chairman, and Stephen Straty and David Rockecharlie, who have been named group co-heads.

Eads has also been appointed vice-chairman of Jeffries & Company, the principal operating subsidiary of the company.

Straty has 30 years of finance experience and formerly worked at Bear Stearns, while Rockecharlie has

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