Jefferies Lucre Jumps Thomas More Than Four-close Down On Solid Trading

Jefferies gain jumps more than four-pen up on secure trading
By Reuters

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









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Dec 20 (Reuters) - Investing banking company Jefferies Aggroup LLC reported a discriminating growth in time period profit, goaded by stiff revenue in its equities and fixed-income securities trading job.

Net wage attributable to Jefferies blush wine to $87.18 million in the fourthly fourth ended November. 30, from $19.96 zillion a twelvemonth in the first place.

Total equities and flat income revenue Thomas More than double to $325.38 trillion.

Jefferies, a building block of Leucadia Internal Corp, kicks dispatch the coverage season for investing Banks and is a great deal viewed as an indicator of the functioning of Wall Street banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)