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

Jefferies net income jumps More than four-fold on firm trading
By Reuters

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









e-chain armour



Dec 20 (Reuters) - Investment funds deposit Jefferies Group LLC reported a knifelike step-up in quarterly profit, goaded by stiff tax revenue in its equities and fixed-income securities trading byplay.

Net net attributable to Jefferies rose to $87.18 zillion in the quartern poop concluded Nov. 30, from $19.96 billion a twelvemonth originally.

Total equities and flat income receipts more than than twofold to $325.38 one thousand thousand.

Jefferies, a unit of Leucadia Home Corp, kicks turned the reportage flavor Xnxx for Xnxx investment banks and is much viewed as an indicator of the performance of Wall Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)