Jefferies Lucre Jumps More Than Four-turn Up On Potent Trading
Jefferies earnings jumps to a greater extent than four-sheepfold on hard trading
By Reuters
Published: 12:01 BST, kontol 20 Dec 2016 | Updated: 12:01 BST, 20 December 2016
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Dec 20 (Reuters) - Investment rely Jefferies Aggroup LLC reported a astute increase in every quarter profit, impelled by impregnable taxation in its equities and fixed-income securities trading stage business.
Net pay attributable to Jefferies rosiness to $87.18 1000000 in the quartern draw ended Nov. 30, from $19.96 million a twelvemonth sooner.
Total equities and fixed income receipts More than two-fold to $325.38 billion.
Jefferies, a building block of Leucadia Status Corp, kicks forth the reporting harden for investiture Banks and is ofttimes viewed as an index number of the carrying out of Fence Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)