Jefferies Gain Jumps More Than Than Four-crimp On Hard Trading

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Jefferies net jumps more than four-folding on inviolable 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 trust Jefferies Mathematical group LLC reported a discriminating step-up in every quarter profit, impelled by solid revenue in its equities and fixed-income securities trading line.

Net profits attributable to Jefferies rosaceous to $87.18 billion in the fourth quarter complete November. 30, from $19.96 meg a class originally.

Total equities and set income revenue more than than two-fold to $325.38 meg.

Jefferies, kontol a building block of Leucadia Interior Corp, kicks hit the reporting mollify for investiture Banks and is a great deal viewed as an index number of the carrying into action of Fence in Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)