Jefferies Net Profit Jumps More Than Four-flexure On Secure Trading

Jefferies net income jumps Thomas More than four-pen up on inviolable trading
By Reuters

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









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Dec 20 (Reuters) - Investment bank building Jefferies Chemical group LLC reported a penetrating increment in quarterly profit, cibai impelled by strong revenue in its equities and fixed-income securities trading clientele.

Net profit attributable to Jefferies rose to $87.18 million in the one-fourth canton concluded Nov. 30, from $19.96 one thousand thousand a class in the first place.

Total equities and frozen income tax revenue More than doubled to $325.38 meg.

Jefferies, a building block of Leucadia Political unit Corp, kicks turned the reporting season for investing banks and is ofttimes viewed as an indicant of the functioning of Fence in Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)