Jefferies Earnings Jumps To A Greater Extent Than Four-fold Up On Potent Trading

Jefferies net jumps more than than four-close up on unassailable trading
By Reuters

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









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Dec 20 (Reuters) - Investiture rely Jefferies Aggroup LLC reported a incisive increase in quarterly profit, driven by substantial tax revenue in its equities and fixed-income securities trading patronage.

Net wage attributable to Jefferies rose wine to $87.18 million in the fourth tail over Nov. 30, from $19.96 jillion a twelvemonth sooner.

Total equities and flat income receipts Thomas More than double to $325.38 billion.

Jefferies, a unit of measurement of Leucadia Interior Corp, kicks sour the coverage season for investment funds Sir Joseph Banks and is frequently viewed as an indicator of the performance of Bulwark Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)