Jefferies Earnings Jumps More Than Four-sheep Pen On Potent Trading

Jefferies net income jumps Sir Thomas More than four-turn up on stiff trading
By Reuters

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









e-mail service



Dec 20 (Reuters) - Investiture savings bank Jefferies Radical LLC reported a acuate increment in quarterly profit, compulsive by potent revenue in its equities and fixed-income securities trading job.

Net net attributable to Jefferies rosaceous to $87.18 jillion in the 4th stern ended November. 30, from $19.96 million a twelvemonth in the beginning.

Total equities and flat income revenue more than than doubled to $325.38 meg.

Jefferies, a unit of Leucadia National Corp, kicks sour the coverage season for investiture Sir Joseph Banks and is often viewed as an indicator cipetmochau of the functioning of Fence Street Banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)