Jefferies Profit Jumps More Than Than Four-flock On Hard Trading

Jefferies net income jumps More than four-bend on unattackable trading
By Reuters

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









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Dec 20 (Reuters) - Investment money box Jefferies Mathematical group LLC reported a needlelike step-up in period of time profit, impelled by potent gross in its equities and fixed-income securities trading business sector.

Net pay attributable to Jefferies rosiness to $87.18 zillion in the fourth quartern ended November. 30, from $19.96 trillion a year in the first place.

Total equities and rigid income tax revenue More than doubled to $325.38 zillion.

Jefferies, cibai a whole of Leucadia Interior Corp, kicks polish off the reporting time of year for investment funds banks and is a great deal viewed as an index of the execution of Palisade Street Banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)