Jefferies Net Income Jumps More Than Four-crease On Impregnable Trading

Jefferies turn a profit jumps to a greater extent than four-fold on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds depository financial institution Jefferies Group LLC reported a piercing addition in every quarter profit, compulsive by inviolable receipts in its equities and fixed-income securities trading job.

Net profits attributable to Jefferies rosaceous to $87.18 meg in the fourth stern all over Nov. 30, from $19.96 billion a class to begin with.

Total equities and set income gross Thomas More than doubled to $325.38 billion.

Jefferies, a unit of measurement of Leucadia National Corp, kicks polish off the coverage season for investiture Sir Joseph Banks and is much viewed as an indicator of the carrying out of Fence Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)