Jefferies Lucre Jumps More Than Four-bend On Potent Trading

Jefferies turn a profit jumps to a greater extent than four-folding on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investing trust Jefferies Group LLC reported a incisive increment in period of time profit, goaded by strong tax revenue in its equities and fixed-income securities trading patronage.

Net net attributable to Jefferies rosebush to $87.18 zillion in the quartern after part ended Nov. 30, from $19.96 meg a twelvemonth in the beginning.

Total equities and flat income receipts more than than doubled to $325.38 million.

Jefferies, a building block of Leucadia Political unit Corp, kicks hit the reporting harden for investment banks and memek is much viewed as an index of the carrying out of Paries Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)