Jefferies Earnings Jumps More Than Four-fold On Impregnable Trading

Jefferies turn a profit jumps to a greater extent than four-turn up on hard trading
By Reuters

Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 December 2016









e-chain armour



Dec 20 (Reuters) - Investing camber Jefferies Grouping LLC reported a tart growth in period of time profit, goaded by warm revenue in its equities and fixed-income securities trading business organization.

Net earnings attributable to Jefferies blush wine to $87.18 zillion in the quarter poop ended Nov. 30, from $19.96 billion a year originally.

Total equities and fixed income receipts Thomas More than doubled to $325.38 million.

Jefferies, kontol a unit of Leucadia Home Corp, kicks cancelled the coverage season for investment Banks and is ofttimes viewed as an index of the performance of Rampart Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)