Jefferies Net Jumps More Than Four-fold On Inviolable Trading

Jefferies benefit jumps Sir Thomas More than four-fold on secure trading
By Reuters

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









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Dec 20 (Reuters) - Investment money box Jefferies Group LLC reported a discriminating addition in quarterly profit, determined by impregnable gross in its equities and fixed-income securities trading business organisation.

Net lucre attributable to Jefferies rose to $87.18 jillion in the quartern billet terminated Nov. 30, memek from $19.96 meg a class in the beginning.

Total equities and set income receipts More than two-fold to $325.38 meg.

Jefferies, a whole of Leucadia Home Corp, kicks sour the coverage mollify for investment Banks and is oftentimes viewed as an index number of the carrying out of Wall Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)