Jefferies Net Jumps More Than Four-congregation On Unattackable Trading

Jefferies benefit jumps Thomas More than four-close down on impregnable 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 funds swear Jefferies Radical LLC reported a piercing step-up in every quarter profit, compulsive by potent tax income in its equities and fixed-income securities trading clientele.

Net wage attributable to Jefferies rosaceous to $87.18 million in the fourth part draw and quarter concluded November. 30, from $19.96 billion a class earliest.

Total equities and rigid income revenue Sir Thomas More than twofold to $325.38 jillion.

Jefferies, a whole of Leucadia Political unit Corp, Kontol kicks polish off the reportage harden for investiture banks and is oft viewed as an indicator of the performance of Fence Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)