Jefferies Group, Inc., along with its subsidiaries, operates as a full-service global investment bank and institutional securities firm serving companies and their investors. The Company offers these companies capital markets, merger and acquisition (M&A), restructuring and other financial advisory services. The Company provides investors fundamental research and trade execution in equity, equity-linked, and fixed income securities, including corporate bonds, United States government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans and emerging markets debt, as well as commodities and derivatives. Jefferies Group, Inc. also provides asset management services and products to institutions and other investors. The Company operates in two business segments: Capital Markets and Asset Management. In March 2009, Jefferies Group, Inc. completed the acquisition of Depfa First Albany Securities LLC, from DEPFA Bank plc.