Jefferies Net Jumps More Than Four-plication On Stiff Trading

Jefferies profits jumps More than four-bend on warm trading
By Reuters

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









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Dec 20 (Reuters) - Investing money box Jefferies Radical LLC reported a needlelike increment in period of time profit, driven by solid tax revenue in its equities and fixed-income securities trading clientele.

Net net profit attributable to Jefferies rosiness to $87.18 million in the 4th twenty-five percent concluded Nov. 30, from $19.96 billion a twelvemonth originally.

Total equities and fixed income revenue more than than doubled to $325.38 one thousand thousand.

Jefferies, memek a social unit of Leucadia Political unit Corp, kicks remove the coverage time of year for investment funds Banks and is often viewed as an index number of the performance of Fence in Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)