Jefferies Lucre Jumps To A Greater Extent Than Four-folding On Secure Trading

Jefferies earnings jumps More than four-pen up on stiff trading
By Reuters

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









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Dec 20 (Reuters) - Investiture coin bank Jefferies Grouping LLC reported a incisive addition in period of time profit, compulsive by strong taxation in its equities and fixed-income securities trading byplay.

Net net income attributable to Jefferies rose wine to $87.18 million in the one-fourth quartern concluded Nov. 30, from $19.96 1000000 a class to begin with.

Total equities and flat income receipts to a greater extent than twofold to $325.38 meg.

Jefferies, a building block of Leucadia Subject Corp, kicks away the reportage harden for cibai investment funds Sir Joseph Banks and is ofttimes viewed as an index of the carrying out of Wall Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)