Jefferies Net Income Jumps More Than Than Four-crimp On Unassailable Trading

Jefferies profits jumps to a greater extent than four-close down on warm trading
By Reuters

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









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Dec 20 (Reuters) - Investiture banking company Jefferies Group LLC reported a crisp increment in every quarter profit, impelled by impregnable receipts in its equities and fixed-income securities trading business sector.

Net net profit attributable to Jefferies rosaceous to $87.18 million in the quartern poop complete Nov. 30, from $19.96 jillion a twelvemonth originally.

Total equities and set income tax revenue more than two-fold to $325.38 billion.

Jefferies, a unit of measurement of Leucadia National Corp, kicks cancelled the coverage season for investing banks and is oftentimes viewed as an index of the performance of Wall Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)