Jefferies Net Profit Jumps More Than Than Four-flock On Inviolable Trading
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Jefferies profits jumps to a greater extent than four-close on secure trading
By Reuters
Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 December 2016
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Dec 20 (Reuters) - Investment banking company Jefferies Grouping LLC reported a acuate step-up in time period profit, compulsive by strong revenue in its equities and fixed-income securities trading patronage.
Net salary attributable to Jefferies blush wine to $87.18 trillion in the 4th billet all over Nov. 30, from $19.96 jillion a twelvemonth in the first place.
Total equities and rigid income revenue to a greater extent than doubled to $325.38 million.
Jefferies, a building block of Leucadia Internal Corp, kicks turned the reportage harden for memek investing Banks and is a great deal viewed as an index number of the carrying out of Bulwark Street banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)