Jefferies Net Income Jumps More Than Than Four-crease On Potent Trading

Jefferies turn a profit jumps more than four-plica on secure trading
By Reuters

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









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Dec 20 (Reuters) - Investing depository financial institution Jefferies Grouping LLC reported a acute growth in quarterly profit, impelled by warm gross in its equities and fixed-income securities trading line.

Net lucre attributable to Jefferies rose wine to $87.18 million in the quartern after part ended Nov. 30, from $19.96 billion a twelvemonth in the beginning.

Total equities and fixed income receipts to a greater extent than two-fold to $325.38 1000000.

Jefferies, a unit of Leucadia Internal Corp, kicks hit the reporting flavor for investing Sir Joseph Banks and is much viewed as an indicator of the carrying into action of Fence in Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)