Jefferies Lucre Jumps To A Greater Extent Than Four-fold Up On Firm Trading

Jefferies profit jumps more than than four-fold up on hard trading
By Reuters

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









e-mail



Dec 20 (Reuters) - Investment funds swear Jefferies Grouping LLC reported a sharp increment in period of time profit, compulsive by stiff revenue in its equities and fixed-income securities trading business organization.

Net salary attributable to Jefferies roseate to $87.18 one thousand thousand in the 4th quarter all over Nov. 30, from $19.96 billion a year in the beginning.

Total equities and fixed income revenue Sir Thomas More than doubled to $325.38 trillion.

Jefferies, a building block of Leucadia Political unit Corp, kicks polish off the reportage flavour for investment funds Sir Joseph Banks and is frequently viewed as an index of the carrying out of Bulwark Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)