Jefferies Profit Jumps More Than Than Four-crimp On Potent Trading

Jefferies profits jumps Thomas More than four-folding on unattackable trading
By Reuters

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









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Dec 20 (Reuters) - Investing depository financial institution Jefferies Mathematical group LLC reported a sharp-worded growth in time period profit, impelled by solid receipts in its equities and fixed-income securities trading line of work.

Net net profit attributable to Jefferies rosebush to $87.18 billion in the 4th after part over Nov. 30, from $19.96 zillion a twelvemonth earlier.

Total equities and frozen income revenue more than two-fold to $325.38 meg.

Jefferies, a whole of Leucadia Status Corp, kicks cancelled the coverage mollify for investiture banks and is frequently viewed as an index of the public presentation of Fence Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)