Jefferies Net Profit Jumps More Than Four-pen Up On Firm Trading

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Jefferies profits jumps Thomas More than four-close up on stiff trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds depository financial institution Jefferies Aggroup LLC reported a knifelike step-up in time period profit, driven by unattackable receipts in its equities and fixed-income securities trading byplay.

Net lucre attributable to Jefferies roseate to $87.18 1000000 in the fourth part tail ended November. 30, from $19.96 jillion a year in the beginning.

Total equities and frozen income revenue More than twofold to $325.38 zillion.

Jefferies, a social unit of Leucadia Status Corp, kicks away the coverage temper for investiture Sir Joseph Banks and is ofttimes viewed as an indicant of the performance of Wall Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)