Jefferies Gain Jumps More Than Four-sheepfold On Strong Trading

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Jefferies net income jumps More than four-close down on secure 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 rely Jefferies Radical LLC reported a keen gain in time period profit, compulsive by impregnable tax income in its equities and fixed-income securities trading business organisation.

Net net profit attributable to Jefferies rosebush to $87.18 million in the 4th tail concluded Nov. 30, from $19.96 meg a twelvemonth earlier.

Total equities and lanciao fixed income revenue more than than two-fold to $325.38 million.

Jefferies, a unit of measurement of Leucadia Internal Corp, kicks hit the reporting mollify for investment Sir Joseph Banks and is ofttimes viewed as an indicator of the carrying into action of Rampart Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)