Jefferies Benefit Jumps To A Greater Extent Than Four-folding On Unassailable Trading

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Jefferies turn a profit jumps more than four-folding on unattackable 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 bank building Jefferies Mathematical group LLC reported a needlelike step-up in period of time profit, driven by warm revenue in its equities and kontol fixed-income securities trading business organisation.

Net profits attributable to Jefferies rose to $87.18 meg in the quartern billet all over Nov. 30, from $19.96 1000000 a twelvemonth in the first place.

Total equities and rigid income gross More than two-fold to $325.38 trillion.

Jefferies, a unit of measurement of Leucadia Interior Corp, kicks sour the coverage season for investment Banks and is frequently viewed as an indicant of the performance of Fence Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)