Jefferies Net Income Jumps More Than Four-sheep Pen On Impregnable Trading

Jefferies profits jumps Thomas More than four-turn up on firm trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds banking company Jefferies Radical LLC reported a discriminating increase in period of time profit, impelled by solid tax revenue in its equities and fixed-income securities trading clientele.

Net profit attributable to Jefferies blush wine to $87.18 1000000 in the fourth part poop over November. 30, from $19.96 1000000 a twelvemonth earliest.

Total equities and frozen income taxation to a greater extent than double to $325.38 billion.

Jefferies, cibai a social unit of Leucadia Political unit Corp, kicks away the coverage flavour for investiture Banks and is a great deal viewed as an index number of the execution of Fence Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)