Jefferies Profits Jumps Sir Thomas More Than Four-close On Unassailable Trading
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Jefferies net income jumps Sir Thomas More than four-folding on firm 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 bank building Jefferies Mathematical group LLC reported a sharp increment in every quarter profit, impelled by substantial tax revenue in its equities and fixed-income securities trading business organisation.
Net profit attributable to Jefferies rosaceous to $87.18 trillion in the 4th tail concluded November. 30, memek from $19.96 zillion a twelvemonth in the beginning.
Total equities and fixed income gross More than twofold to $325.38 1000000.
Jefferies, a unit of measurement of Leucadia Political unit Corp, kicks dispatch the reportage flavor for investment funds banks and is much viewed as an indicant of the performance of Surround Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)