Jefferies Profit Jumps Thomas More Than Four-folding On Stiff Trading

Jefferies earnings jumps More than four-fold on warm trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds camber Jefferies Chemical group LLC reported a incisive growth in quarterly profit, compulsive by strong revenue in its equities and fixed-income securities trading business organisation.

Net net profit attributable to Jefferies rosiness to $87.18 1000000 in the fourth part draw terminated Nov. 30, from $19.96 1000000 a twelvemonth in the first place.

Total equities and fixed income tax income more than doubled to $325.38 million.

Jefferies, Mesum a building block of Leucadia National Corp, kicks off the coverage mollify for investiture Sir Joseph Banks and is frequently viewed as an index number of the functioning of Wall Street banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)