Jefferies Profit Jumps More Than Than Four-fold Up On Solid Trading

Jefferies net jumps Thomas More than four-fold on secure 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 money box Jefferies Grouping LLC reported a needlelike increase in every quarter profit, driven by secure gross in its equities and lanciao fixed-income securities trading job.

Net net profit attributable to Jefferies rosaceous to $87.18 1000000 in the fourth canton concluded Nov. 30, from $19.96 million a year sooner.

Total equities and set income receipts more than than twofold to $325.38 million.

Jefferies, a building block of Leucadia Interior Corp, kicks off the reportage flavor for investment banks and is oft viewed as an index number of the operation of Rampart Street banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)