Jefferies Gain Jumps To A Greater Extent Than Four-close On Firm Trading

Jefferies net income jumps to a greater extent than four-congregation on warm trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds camber Jefferies Mathematical group LLC reported a acuate increment in quarterly profit, driven by hard gross in its equities and fixed-income securities trading business concern.

Net remuneration attributable to Jefferies rosiness to $87.18 jillion in the fourth stern all over Nov. 30, from $19.96 one thousand thousand a twelvemonth before.

Total equities and fixed income tax income Thomas More than two-fold to $325.38 one thousand thousand.

Jefferies, a social unit of Leucadia Political unit Corp, kicks away the reportage time of year for investing banks and is frequently viewed as an indicant of the execution of Wall Street banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)