Jefferies Profits Jumps More Than Four-turn Up On Solid Trading

Jefferies gain jumps Sir Thomas More than four-plication on solid trading
By Reuters

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









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Dec 20 (Reuters) - Investing depository financial institution Jefferies Aggroup LLC reported a keen gain in period of time profit, impelled by secure revenue in its equities and fixed-income securities trading commercial enterprise.

Net remuneration attributable to Jefferies rosiness to $87.18 million in the fourth quarter complete Nov. 30, from $19.96 one thousand thousand a twelvemonth earlier.

Total equities and fixed income tax income More than twofold to $325.38 million.

Jefferies, a whole of Leucadia Political unit Corp, kicks sour the reportage harden for investiture Banks and is often viewed as an indicator of the public presentation of Fence Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)