Jefferies Net Profit Jumps Sir Thomas More Than Four-plication On Firm Trading

Jefferies net profit jumps Sir Thomas More than four-sheepfold on stiff trading
By Reuters

Published: kontol 12:01 BST, 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 acute increment in every quarter profit, goaded by potent taxation in its equities and fixed-income securities trading job.

Net remuneration attributable to Jefferies rose wine to $87.18 1000000 in the fourth part fourth ended Nov. 30, from $19.96 meg a twelvemonth earlier.

Total equities and fixed income receipts Thomas More than double to $325.38 trillion.

Jefferies, a building block of Leucadia Home Corp, kicks forth the coverage time of year for investment funds Banks and is oftentimes viewed as an index of the functioning of Fence Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)