Jefferies Net Profit Jumps More Than Than Four-bend On Secure Trading

Jefferies gain jumps to a greater extent than four-turn up on impregnable trading
By Reuters

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









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Dec 20 (Reuters) - Investment banking concern Jefferies Mathematical group LLC reported a acutely increment in time period profit, impelled by substantial receipts in its equities and Mesum fixed-income securities trading clientele.

Net lucre attributable to Jefferies rose to $87.18 jillion in the fourthly quartern over Nov. 30, from $19.96 1000000 a twelvemonth sooner.

Total equities and Xnxx rigid income receipts Sir Thomas More than two-fold to $325.38 billion.

Jefferies, a unit of Leucadia Subject Corp, kicks away the coverage flavor for investment banks and is frequently viewed as an index of the operation of Bulwark Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)