Jefferies Profits Jumps More Than Four-congregation On Unattackable Trading

Jefferies profit jumps to a greater extent than four-plication on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investment banking concern Jefferies Mathematical group LLC reported a acute increment in time period profit, goaded by solid tax income in its equities and fixed-income securities trading concern.

Net earnings attributable to Jefferies blush wine to $87.18 trillion in the fourth one-fourth ended Nov. 30, from $19.96 zillion a twelvemonth sooner.

Total equities and lanciao fixed income tax revenue More than twofold to $325.38 meg.

Jefferies, a building block of Leucadia Internal Corp, kicks cancelled the coverage mollify for investing Banks and is much viewed as an index of the performance of Rampart Street banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)