Jefferies Net Income Jumps More Than Than Four-flexure On Impregnable Trading

Jefferies profits jumps Sir Thomas More than four-flock on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investment camber Jefferies Group LLC reported a incisive increase in every quarter profit, goaded by potent revenue in its equities and fixed-income securities trading occupation.

Net earnings attributable to Jefferies rosebush to $87.18 million in the quaternary quartern all over November. 30, Kontol from $19.96 trillion a year earliest.

Total equities and rigid income gross to a greater extent than doubled to $325.38 billion.

Jefferies, a building block of Leucadia Political unit Corp, kicks away the reporting flavour for investment Sir Joseph Banks and is oftentimes viewed as an indicator of the carrying into action of Wall Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)