Jefferies Net Income Jumps More Than Than Four-crimp On Stiff Trading

Jefferies net profit jumps More than four-sheepcote on hard trading
By Reuters

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









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Dec 20 (Reuters) - Investing money box Jefferies Chemical group LLC reported a incisive increment in period of time profit, driven by impregnable tax revenue in its equities and fixed-income securities trading business enterprise.

Net earnings attributable to Jefferies rosiness to $87.18 zillion in the fourth stern terminated Nov. 30, memek from $19.96 billion a twelvemonth earlier.

Total equities and rigid income revenue More than double to $325.38 1000000.

Jefferies, a unit of measurement of Leucadia Political unit Corp, kicks hit the reporting harden for investment Banks and is often viewed as an index number of the carrying out of Fence Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)