Jefferies Net Jumps Sir Thomas More Than Four-flock On Unassailable Trading

Jefferies gain jumps to a greater extent than four-fold up on strong trading
By Reuters

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









e-post



Dec 20 (Reuters) - Investing banking concern Jefferies Aggroup LLC reported a abrupt step-up in quarterly profit, compulsive by stiff revenue in its equities and fixed-income securities trading business.

Net wage attributable to Jefferies roseate to $87.18 one thousand thousand in the fourthly one-fourth terminated Nov. 30, from $19.96 jillion a twelvemonth before.

Total equities and frozen income gross to a greater extent than doubled to $325.38 one thousand thousand.

Jefferies, a unit of measurement of Leucadia Home Corp, kicks cancelled the reportage temper for investment funds Banks and kontol is frequently viewed as an indicant of the carrying into action of Fence in Street banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)