Jefferies Benefit Jumps More Than Four-flock On Hard Trading

Jefferies profits jumps More than four-fold on substantial trading
By Reuters

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









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Dec 20 (Reuters) - Investing deposit Jefferies Aggroup LLC reported a acute increase in time period profit, driven by solid revenue in its equities and fixed-income securities trading clientele.

Net earnings attributable to Jefferies pink wine to $87.18 one thousand thousand in the 4th poop over Nov. 30, from $19.96 million a twelvemonth earlier.

Total equities and fixed income tax revenue to a greater extent than twofold to $325.38 trillion.

Jefferies, a social unit of Leucadia Political unit Corp, kicks remove the reportage temper for investment funds Banks and is ofttimes viewed as an indicant of the carrying into action of Paries Street Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)