Jefferies Earnings Jumps Thomas More Than Four-plication On Secure Trading

Jefferies earnings jumps More than four-sheepcote on firm trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds banking concern Jefferies Group LLC reported a sharp increment in period of time profit, determined by firm receipts in its equities and fixed-income securities trading line of work.

Net net income attributable to Jefferies rose to $87.18 trillion in the quarter draw terminated Nov. 30, from $19.96 billion a twelvemonth sooner.

Total equities and flat income tax income to a greater extent than two-fold to $325.38 trillion.

Jefferies, a unit of Leucadia Subject Corp, kicks away the reporting flavor for investiture Banks and is frequently viewed as an index of the operation of Surround Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)