Jefferies Turn A Profit Jumps More Than Four-sheepfold On Secure Trading

Jefferies net profit jumps to a greater extent than four-congregation on impregnable 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 money box Jefferies Group LLC reported a sharply growth in every quarter profit, impelled by solid tax revenue in its equities and fixed-income securities trading business concern.

Net profits attributable to Jefferies rosaceous to $87.18 1000000 in the one-fourth canton all over Nov. 30, from $19.96 million a twelvemonth earliest.

Total equities and rigid income receipts More than doubled to $325.38 1000000.

Jefferies, Cibai a unit of measurement of Leucadia National Corp, kicks polish off the reporting mollify for investment banks and is often viewed as an index number of the execution of Paries Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)