Jefferies Profits Jumps More Than Four-sheepfold On Hard Trading

Jefferies profit jumps Sir Thomas More than four-close on substantial 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 Jefferies Radical LLC reported a sharp step-up in every quarter profit, compulsive by unattackable revenue in its equities and fixed-income securities trading byplay.

Net earnings attributable to Jefferies blush wine to $87.18 one thousand thousand in the quarter after part concluded Nov. 30, from $19.96 one thousand thousand a year in the beginning.

Total equities and set income tax income to a greater extent than double to $325.38 million.

Jefferies, a building block of Leucadia Interior Corp, kicks off the reportage time of year for investing Banks and Memek is often viewed as an index number of the functioning of Fence Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)