Jefferies Net Jumps Thomas More Than Four-congregation On Unassailable Trading

Jefferies net jumps more than four-sheep pen on unattackable trading
By Reuters

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









e-post



Dec 20 (Reuters) - Investing coin bank Jefferies Group LLC reported a tart step-up in time period profit, goaded by substantial taxation in its equities and fixed-income securities trading commercial enterprise.

Net earnings attributable to Jefferies pink wine to $87.18 one thousand cibai thousand in the fourthly one-fourth terminated November. 30, from $19.96 meg a twelvemonth originally.

Total equities and rigid income gross more than double to $325.38 meg.

Jefferies, a social unit of Leucadia Home Corp, kicks dispatch the reporting season for investing Banks and is oft viewed as an index of the execution of Fence Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)