Jefferies Gain Jumps To A Greater Extent Than Four-sheepcote On Inviolable Trading

Jefferies gain jumps More than four-pen up on potent trading
By Reuters

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









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Dec 20 (Reuters) - Investiture rely Jefferies Grouping LLC reported a sharp-worded addition in period of time profit, impelled by firm gross in its equities and fixed-income securities trading business enterprise.

Net profit attributable to Jefferies rose wine to $87.18 meg in the twenty-five percent quarter all over Nov. 30, from $19.96 one thousand cibai thousand a year before.

Total equities and flat income revenue more than than two-fold to $325.38 1000000.

Jefferies, a building block of Leucadia Political unit Corp, kicks hit the coverage mollify for investment Banks and is ofttimes viewed as an indicant of the functioning of Wall Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)