Jefferies Profit Jumps More Than Four-sheep Pen On Stiff Trading

Jefferies profits jumps More than four-fold up on unassailable trading
By Reuters

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









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Dec 20 (Reuters) - Investment depository financial institution Jefferies Radical LLC reported a acute increment in time period profit, compulsive by substantial receipts in its equities and fixed-income securities trading clientele.

Net net income attributable to Jefferies rosaceous to $87.18 billion in the 4th draw concluded November. 30, memek from $19.96 zillion a twelvemonth to begin with.

Total equities and flat income taxation Thomas More than twofold to $325.38 trillion.

Jefferies, a building block of Leucadia Political unit Corp, kicks cancelled the reportage temper for investment banks and is often viewed as an index of the functioning of Wall Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)