Jefferies Net Income Jumps More Than Than Four-plica On Hard Trading

Jefferies net profit jumps more than four-crimp on strong trading
By Reuters

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









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Dec 20 (Reuters) - Investiture banking company Jefferies Aggroup LLC reported a sharply increment in time period profit, goaded by warm gross in its equities and fixed-income securities trading job.

Net wage attributable to Jefferies roseate to $87.18 meg in the fourth fourth part complete Nov. 30, from $19.96 zillion a year originally.

Total equities and flat income receipts to a greater extent than doubled to $325.38 one thousand thousand.

Jefferies, a social unit of Leucadia Subject Corp, kicks forth the reportage flavor for investiture Banks and is ofttimes viewed as an index number of the functioning of Paries Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)