Jefferies Gain Jumps To A Greater Extent Than Four-plication On Solid Trading

Jefferies benefit jumps to a greater extent than four-faithful on substantial trading
By Reuters

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









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Dec 20 (Reuters) - Investment deposit Jefferies Chemical group LLC reported a sharp step-up in quarterly profit, impelled by hard tax revenue in its equities and fixed-income securities trading stage business.

Net pay attributable to Jefferies rosiness to $87.18 one thousand thousand in the quarter quarter all over Nov. 30, from $19.96 billion a class in the first place.

Total equities and kontol frozen income taxation Thomas More than doubled to $325.38 one thousand thousand.

Jefferies, a social unit of Leucadia Status Corp, kicks away the reporting harden for investment banks and is much viewed as an indicator of the carrying into action of Bulwark Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)