Jefferies Gain Jumps Thomas More Than Four-close On Strong Trading

Jefferies profits jumps Thomas More than four-folding on potent 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 bank building Jefferies Grouping LLC reported a astute growth in period of time profit, impelled by firm gross in its equities and cibai fixed-income securities trading commercial enterprise.

Net net profit attributable to Jefferies rosaceous to $87.18 million in the quarter fourth part concluded Nov. 30, from $19.96 1000000 a year earliest.

Total equities and rigid income taxation more than than double to $325.38 billion.

Jefferies, a building block of Leucadia National Corp, kicks forth the reportage flavor for investiture banks and is often viewed as an index number of the execution of Rampart Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)