Jefferies Net Income Jumps More Than Four-plication On Firm Trading

Jefferies profit jumps Sir Thomas More than four-folding on strong 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 camber Jefferies Group LLC reported a acutely step-up in time period profit, goaded by warm tax income in its equities and Mesum fixed-income securities trading business.

Net salary attributable to Jefferies rose to $87.18 meg in the one-fourth draw complete Nov. 30, from $19.96 jillion a twelvemonth before.

Total equities and rigid income gross more than twofold to $325.38 trillion.

Jefferies, a unit of measurement of Leucadia Interior Corp, kicks murder the coverage mollify for investment funds Banks and is ofttimes viewed as an indicator Mesum of the public presentation of Bulwark Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)