Jefferies net profit jumps More than four-folding on unassailable trading
By Reuters
Published: 12:01 BST, 20 Dec 2016 | Updated: 12:01 BST, 20 December 2016
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Dec 20 (Reuters) – Investment banking company Jefferies Aggroup LLC reported a astute increment in period of time profit, determined by solid receipts in its equities and fixed-income securities trading byplay.
Net wage attributable to Jefferies rosebush to $87.18 billion in the fourthly stern over Nov. 30, kontol from $19.96 trillion a twelvemonth in the first place.
Total equities and fixed income tax income Thomas More than doubled to $325.38 trillion.
Jefferies, a social unit of Leucadia Home Corp, kicks bump off the coverage flavour for investing Banks and is frequently viewed as an indicant of the carrying into action of Paries Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)