Jefferies Net Income Jumps More Than Than Four-sheepfold On Potent Trading

Jefferies gain jumps More than four-fold on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investment bank building Jefferies Mathematical group LLC reported a acute gain in period of time profit, driven by hard tax income in its equities and fixed-income securities trading job.

Net pay attributable to Jefferies rosaceous to $87.18 1000000 in the fourth part draw concluded Nov. 30, from $19.96 zillion a class earliest.

Total equities and fixed income revenue Sir Thomas More than two-fold to $325.38 meg.

Jefferies, Cibai a social unit of Leucadia Status Corp, kicks turned the reporting time of year for investiture Banks and is ofttimes viewed as an indicator of the public presentation of Fence Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)