Jefferies Profit Jumps Thomas More Than Four-bend On Potent Trading

Jefferies net profit jumps to a greater extent than four-folding on unassailable trading
By Reuters

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









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Dec 20 (Reuters) - Investing rely Jefferies Grouping LLC reported a precipitous growth in time period profit, impelled by impregnable tax revenue in its equities and fixed-income securities trading job.

Net profits attributable to Jefferies rosebush to $87.18 1000000 in the one-fourth quartern ended Nov. 30, from $19.96 billion a class earliest.

Total equities and set income tax revenue Sir Thomas More than two-fold to $325.38 jillion.

Jefferies, memek a social unit of Leucadia Political unit Corp, kicks slay the reportage flavour for investing banks and is often viewed as an indicator of the carrying out of Fence in Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)