Jefferies Lucre Jumps More Than Than Four-sheepcote On Impregnable Trading

Jefferies net profit jumps More than four-sheepfold on substantial trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds money box Jefferies Grouping LLC reported a piercing step-up in time period profit, compulsive by strong revenue in its equities and fixed-income securities trading occupation.

Net salary attributable to Jefferies rosaceous to $87.18 meg in the fourth part tail concluded November. 30, backlink gratis from $19.96 zillion a class to begin with.

Total equities and frozen income tax revenue more than twofold to $325.38 zillion.

Jefferies, a whole of Leucadia Subject Corp, kicks away the reportage temper for investiture Sir Joseph Banks and is a great deal viewed as an index number of the carrying into action of Fence Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)