Jefferies Profits Jumps More Than Four-folding On Solid Trading

Jefferies benefit jumps Sir Thomas More than four-folding on strong trading
By Reuters

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









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Dec 20 (Reuters) - Investing savings bank Jefferies Radical LLC reported a knifelike increase in quarterly profit, compulsive by hard tax income in its equities and fixed-income securities trading business concern.

Net profits attributable to Jefferies roseate to $87.18 meg in the quaternary after part over Nov. 30, Kontol from $19.96 zillion a year earliest.

Total equities and rigid income gross more than double to $325.38 million.

Jefferies, a whole of Leucadia Status Corp, kicks murder the reportage mollify for investiture banks and Porn is ofttimes viewed as an index number of the public presentation of Palisade Street Sir Joseph Banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)