Jefferies Benefit Jumps More Than Than Four-plication On Strong Trading

Jefferies net profit jumps to a greater extent than four-crease on firm 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 banking concern Jefferies Aggroup LLC reported a abrupt increment in every quarter profit, dewadepo driven by unattackable receipts in its equities and fixed-income securities trading commercial enterprise.

Net earnings attributable to Jefferies rose to $87.18 billion in the fourth quarter concluded Nov. 30, from $19.96 meg a class in the beginning.

Total equities and frozen income gross More than double to $325.38 zillion.

Jefferies, a unit of Leucadia Home Corp, kicks sour the reportage flavour for investment funds Banks and is much viewed as an indicant of the carrying out of Bulwark Street banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)