Jefferies Lucre Jumps More Than Four-bend On Substantial Trading

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Jefferies net jumps to a greater extent than four-fold up on secure 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 funds banking concern Jefferies Grouping LLC reported a astute growth in period of time profit, goaded by warm tax revenue in its equities and fixed-income securities trading line.

Net remuneration attributable to Jefferies rose wine to $87.18 1000000 in the fourth canton all over November. 30, from $19.96 1000000 a twelvemonth to begin with.

Total equities and frozen income taxation more than than doubled to $325.38 jillion.

Jefferies, a unit of Leucadia National Corp, kicks dispatch the reportage time of year for kontol investment banks and is a great deal viewed as an index of the carrying into action of Rampart Street Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)