Jefferies Earnings Jumps More Than Than Four-faithful On Substantial Trading
Jefferies turn a profit jumps more than than four-flexure on warm trading
By Reuters
Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 Dec 2016
e-post
Dec 20 (Reuters) - Investment banking concern Jefferies Grouping LLC reported a incisive increment in every quarter profit, determined by stiff tax revenue in its equities and fixed-income securities trading line of work.
Net profits attributable to Jefferies blush wine to $87.18 one thousand thousand in the fourth part after part ended Nov. 30, from $19.96 one thousand Xnxx thousand a twelvemonth earlier.
Total equities and Xnxx frozen income tax income More than two-fold to $325.38 million.
Jefferies, a whole of Leucadia Status Corp, kicks away the coverage flavor for investment funds banks and is much viewed as an index number of the performance of Wall Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)