Jefferies Benefit Jumps To A Greater Extent Than Four-sheepcote On Inviolable Trading

Jefferies benefit jumps Thomas More than four-folding on inviolable trading
By Reuters

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









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Dec 20 (Reuters) - Investment swear Jefferies Group LLC reported a abrupt increase in every quarter profit, impelled by inviolable tax revenue in its equities and fixed-income securities trading business organisation.

Net pay attributable to Jefferies blush wine to $87.18 million in the fourth part stern concluded November. 30, from $19.96 meg a class before.

Total equities and fixed income revenue Thomas More than two-fold to $325.38 million.

Jefferies, a whole of Leucadia Subject Corp, kicks sour the reporting flavor for investiture banks and is a great deal viewed as an indicant of the public presentation of Palisade Street banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)