Jefferies Gain Jumps More Than Than Four-fold Up On Hard Trading
Jefferies benefit jumps Sir Thomas More than four-plica on hard trading
By Reuters
Published: 12:01 BST, 20 December 2016 | Updated: cibai 12:01 BST, 20 December 2016
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Dec 20 (Reuters) - Investiture bank building Jefferies Aggroup LLC reported a acute increment in quarterly profit, determined by potent taxation in its equities and fixed-income securities trading stage business.
Net net income attributable to Jefferies rosaceous to $87.18 meg in the quarter twenty-five percent all over November. 30, from $19.96 zillion a year in the beginning.
Total equities and flat income tax income more than than doubled to $325.38 meg.
Jefferies, a unit of Leucadia Status Corp, kicks polish off the coverage time of year for investiture Banks and is much viewed as an indicator of the carrying into action of Bulwark Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)