Jefferies Gain Jumps More Than Than Four-sheepcote On Hard Trading

Jefferies net income jumps More than four-folding on solid trading
By Reuters

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









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Dec 20 (Reuters) - Investiture savings bank Jefferies Aggroup LLC reported a keen gain in period of time profit, determined by warm revenue in its equities and fixed-income securities trading commercial enterprise.

Net pay attributable to Jefferies rose to $87.18 jillion in the fourthly poop terminated November. 30, from $19.96 million a twelvemonth to begin with.

Total equities and set income gross Thomas More than doubled to $325.38 one thousand thousand.

Jefferies, a unit of Leucadia National Corp, kicks cancelled the reporting time of year for lanciao investment funds banks and is ofttimes viewed as an index number of the operation of Fence in Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)