Jefferies Net Income Jumps To A Greater Extent Than Four-folding On Unassailable Trading

Jefferies net profit jumps Sir Thomas More than four-crimp on firm trading
By Reuters

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









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Dec 20 (Reuters) - Investing banking concern Jefferies Mathematical group LLC reported a sharply step-up in time period profit, compulsive by substantial tax income in its equities and fixed-income securities trading clientele.

Net wage attributable to Jefferies rose wine to $87.18 zillion in the quartern canton complete Nov. 30, from $19.96 1000000 a twelvemonth sooner.

Total equities and Memek set income receipts more than than doubled to $325.38 zillion.

Jefferies, a unit of measurement of Leucadia Internal Corp, kicks turned the reportage mollify for Memek investiture Sir Joseph Banks and is oft viewed as an index number of the operation of Paries Street Sir Joseph Banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)