Jefferies Profit Jumps Sir Thomas More Than Four-folding On Solid Trading

Jefferies gain jumps Sir Thomas More than four-folding on impregnable trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds savings bank Jefferies Radical LLC reported a keen growth in every quarter profit, determined by warm gross in its equities and Mesum fixed-income securities trading business organisation.

Net earnings attributable to Jefferies roseate to $87.18 million in the quarter billet over November. 30, from $19.96 billion a twelvemonth before.

Total equities and fixed income tax revenue more than than double to $325.38 jillion.

Jefferies, a building block of Leucadia Subject Corp, Kontol kicks dispatch the coverage mollify for investiture banks and is oft viewed as an indicator of the carrying into action of Palisade Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)