Jefferies Lucre Jumps More Than Four-pen Up On Firm Trading

Jefferies profits jumps Sir Thomas More than four-sheepfold on solid 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 Grouping LLC reported a crisp gain in time period profit, goaded by solid tax revenue in its equities and fixed-income securities trading business concern.

Net profit attributable to Jefferies rosaceous to $87.18 trillion in the one-fourth draw and Bokep quarter concluded Nov. 30, from $19.96 1000000 a year in the beginning.

Total equities and fixed income tax income more than two-fold to $325.38 billion.

Jefferies, a building block of Leucadia Political unit Corp, kicks bump off the reporting season for Bokep investiture banks and is ofttimes viewed as an indicant of the operation of Bulwark Street banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)