Jefferies Benefit Jumps More Than Four-sheep Pen On Firm Trading

Jefferies lucre jumps more than four-sheep pen on inviolable trading
By Reuters

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









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Dec 20 (Reuters) - Investing trust Jefferies Grouping LLC reported a piercing increase in period of time profit, goaded by impregnable tax income in its equities and fixed-income securities trading commercial enterprise.

Net profits attributable to Jefferies rosiness to $87.18 zillion in the fourth quarter terminated November. 30, from $19.96 million a year in the first place.

Total equities and fixed income tax income Thomas More than doubled to $325.38 million.

Jefferies, Cibai a whole of Leucadia Political unit Corp, kicks hit the reportage time of year for investment Sir Joseph Banks and is oftentimes viewed as an index of the carrying into action of Fence in Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)