Three investment bankers leave Jefferies

Three investment bankers left Jefferies on Friday, including Richard Yang, a managing director and co-head of Asia healthcare consumer, Dai Qiang, who was also a managing director covering telecommunications, media and technology and senior vice president Terry Zhi, according to a source familiar with the matter.

Before joining Jefferies in 2012, Yang was head of consumer and retail investment banking at ICBC International. Before that, he spent three years as an investment partner at private equity firm IDG Capital where he focused on sourcing and executing investments primarily in the consumer, retail and healthcare sectors. He has also worked three years in investment banking at Credit Suisse and five years...