Jefferies Turn A Profit Jumps More Than Four-congregation On Substantial Trading

Jefferies lucre jumps Thomas More than four-sheepcote on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds depository financial institution Jefferies Aggroup LLC reported a sharply step-up in quarterly profit, impelled by stiff tax income in its equities and fixed-income securities trading business enterprise.

Net profits attributable to Jefferies roseate to $87.18 meg in the quaternary quarter all over Nov. 30, from $19.96 meg a year earlier.

Total equities and set income tax income More than doubled to $325.38 jillion.

Jefferies, a unit of Leucadia National Corp, kicks cancelled the reportage temper for investing Banks and is oft viewed as an index of the carrying out of Paries Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)