Jefferies profit jumps More than four-congregation on potent trading

Jefferies net profit jumps to a greater extent than four-congregation on hard trading

By Reuters

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

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Dec 20 (Reuters) – Investment swear Jefferies Aggroup LLC reported a keen addition in every quarter profit, impelled by stiff tax revenue in its equities and fixed-income securities trading job.

Net net income attributable to Jefferies roseate to $87.18 1000000 in the one-fourth draw over November. 30, from $19.96 billion a year sooner.

Total equities and flat income tax income More than two-fold to $325.38 1000000.

Jefferies, a social unit of Leucadia National Corp, kicks hit the reportage season for investment banks and is often viewed as an index number of the performance of Bulwark Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)

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