Jefferies Lucre Jumps More Than Than Four-fold Up On Unassailable Trading

Jefferies net profit jumps more than than four-pen up on unattackable trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds camber Jefferies Aggroup LLC reported a sharp-worded gain in period of time profit, determined by warm taxation in its equities and fixed-income securities trading patronage.

Net wage attributable to Jefferies rose to $87.18 zillion in the fourth part billet ended Nov. 30, from $19.96 billion a twelvemonth earlier.

Total equities and frozen income receipts more than doubled to $325.38 meg.

Jefferies, a whole of Leucadia Home Corp, kicks murder the coverage flavour for investing banks and Cibai is a great deal viewed as an indicator of the carrying into action of Wall Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)