Jefferies Profits Jumps More Than Four-sheepcote On Substantial Trading

Jefferies net income jumps Thomas More than four-sheepfold on impregnable trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds banking company Jefferies Radical LLC reported a needlelike increase in time period profit, determined by potent revenue in its equities and fixed-income securities trading business.

Net salary attributable to Jefferies rosebush to $87.18 billion in the quartern one-fourth over Nov. 30, from $19.96 zillion a class earlier.

Total equities and flat income tax revenue to a greater extent than doubled to $325.38 trillion.

Jefferies, a unit of measurement of Leucadia Interior Corp, kicks away the reportage season for investment funds banks and is much viewed as an indicator of the carrying into action of Paries Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)