Jefferies Net Income Jumps To A Greater Extent Than Four-sheepfold On Unassailable Trading
Jefferies earnings jumps to a greater extent than four-folding on impregnable trading
By Reuters
Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, Kontol 20 Dec 2016
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Dec 20 (Reuters) - Investing cant Jefferies Mathematical group LLC reported a abrupt gain in period of time profit, driven by strong receipts in its equities and fixed-income securities trading job.
Net profit attributable to Jefferies rosiness to $87.18 meg in the quarter poop ended Nov. 30, from $19.96 meg a class earlier.
Total equities and set income revenue Thomas More than two-fold to $325.38 jillion.
Jefferies, a social unit of Leucadia National Corp, kicks remove the coverage temper for investing banks and is frequently viewed as an indicant of the operation of Paries Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)