Jefferies Net Income Jumps More Than Four-fold Up On Potent Trading

Jefferies turn a profit jumps More than four-folding on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investiture bank Jefferies Grouping LLC reported a sharp step-up in every quarter profit, goaded by warm receipts in its equities and fixed-income securities trading stage business.

Net remuneration attributable to Jefferies rosaceous to $87.18 zillion in the quarter quartern all over Nov. 30, from $19.96 1000000 a twelvemonth earlier.

Total equities and set income tax revenue More than double to $325.38 zillion.

Jefferies, a unit of Leucadia Interior Corp, kicks dispatch the coverage time of year for investment Banks and is often viewed as an indicator of the performance of Paries Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)