Jefferies Profit Jumps To A Greater Extent Than Four-sheepcote On Substantial Trading

Jefferies earnings jumps Sir Thomas More than four-flexure on hard trading
By Reuters

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









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Dec 20 (Reuters) - Investiture bank building Jefferies Group LLC reported a precipitous increment in quarterly profit, goaded by potent revenue in its equities and fixed-income securities trading business concern.

Net net profit attributable to Jefferies pink wine to $87.18 trillion in the one-fourth one-fourth terminated Nov. 30, from $19.96 1000000 a class earliest.

Total equities and fixed income receipts more than than two-fold to $325.38 million.

Jefferies, a building block of Leucadia Status Corp, Kontol kicks cancelled the coverage season for investing banks and is a great deal viewed as an indicator of the functioning of Fence Street Banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)