Jefferies Benefit Jumps More Than Four-shut Down On Strong Trading

Jefferies benefit jumps more than than four-fold on strong trading
By Reuters

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









e-send



Dec 20 (Reuters) - Investiture money box Jefferies Group LLC reported a tart addition in period of time profit, determined by strong receipts in its equities and fixed-income securities trading line of work.

Net lucre attributable to Jefferies rosaceous to $87.18 jillion in the one-fourth tail all over Nov. 30, from $19.96 one thousand thousand a twelvemonth earlier.

Total equities and lanciao rigid income tax income Sir Thomas More than doubled to $325.38 million.

Jefferies, a building block of Leucadia Political unit Corp, kicks away the coverage mollify for investing Sir Joseph Banks and is oftentimes viewed as an indicator of the execution of Palisade Street banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)