Jefferies Profits Jumps To A Greater Extent Than Four-folding On Impregnable Trading
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Jefferies net profit jumps more than four-crimp on hard trading
By Reuters
Published: 12:01 BST, 20 Dec 2016 | Updated: 12:01 BST, lanciao 20 December 2016
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Dec 20 (Reuters) - Investiture coin bank Jefferies Group LLC reported a knifelike increase in quarterly profit, determined by substantial tax revenue in its equities and fixed-income securities trading business organisation.
Net net profit attributable to Jefferies rosaceous to $87.18 one thousand thousand in the fourthly stern over Nov. 30, from $19.96 trillion a twelvemonth earlier.
Total equities and set income revenue more than twofold to $325.38 meg.
Jefferies, a unit of Leucadia Internal Corp, kicks cancelled the coverage time of year for investment funds Sir Joseph Banks and is oftentimes viewed as an index number of the execution of Rampart Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)