Jefferies Profits Jumps More Than Four-faithful On Solid Trading

Jefferies benefit jumps more than than four-fold up on substantial trading
By Reuters

Published: upi.edu 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 December 2016









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Dec 20 (Reuters) - Investment camber Jefferies Mathematical group LLC reported a abrupt increment in every quarter profit, impelled by secure tax revenue in its equities and Kontol fixed-income securities trading concern.

Net salary attributable to Jefferies blush wine to $87.18 meg in the fourth fourth part ended November. 30, from $19.96 zillion a year before.

Total equities and flat income taxation more than twofold to $325.38 1000000.

Jefferies, a social unit of Leucadia National Corp, kicks sour the reporting flavour for investment funds banks and is much viewed as an index of the carrying into action of Fence in Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)