Jefferies Profits Jumps More Than Than Four-crease On Unassailable Trading

Jefferies net jumps more than four-fold up on unattackable trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds savings bank Jefferies Aggroup LLC reported a acutely increase in time period profit, impelled by warm tax income in its equities and fixed-income securities trading business concern.

Net net income attributable to Jefferies rosiness to $87.18 one thousand thousand in the quartern draw terminated November. 30, from $19.96 one thousand thousand a twelvemonth earlier.

Total equities and frozen income revenue More than doubled to $325.38 jillion.

Jefferies, a unit of measurement of Leucadia Subject Corp, kicks forth the coverage harden for investiture banks and is ofttimes viewed as an index of the operation of Bulwark Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)