Jefferies Profits Jumps To A Greater Extent Than Four-plica On Hard Trading

Jefferies profits jumps to a greater extent than four-pen up on impregnable trading
By Reuters

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









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Dec 20 (Reuters) - Investing cant Jefferies Radical LLC reported a acute step-up in period of time profit, goaded by hard tax income in its equities and cibai fixed-income securities trading line of work.

Net earnings attributable to Jefferies roseate to $87.18 trillion in the one-fourth one-fourth all over November. 30, from $19.96 jillion a twelvemonth in the beginning.

Total equities and fixed income gross more than twofold to $325.38 jillion.

Jefferies, a building block of Leucadia Home Corp, kicks sour the reporting time of year for investment Banks and is oft viewed as an indicator of the functioning of Surround Street banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)