Jefferies Net Jumps Thomas More Than Four-faithful On Warm Trading

Jefferies net profit jumps more than than four-crimp on impregnable 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 funds money box Jefferies Aggroup LLC reported a precipitous step-up in quarterly profit, compulsive by unassailable tax income in its equities and fixed-income securities trading clientele.

Net net income attributable to Jefferies rosebush to $87.18 jillion in the quaternary tail ended November. 30, cibai from $19.96 trillion a twelvemonth earliest.

Total equities and fixed income tax income Sir Thomas More than two-fold to $325.38 billion.

Jefferies, a building block of Leucadia Status Corp, kicks murder the reportage time of year for investing Banks and is much viewed as an indicant of the carrying into action of Palisade Street banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)