Jefferies Lucre Jumps More Than Than Four-congregation On Unassailable Trading

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Jefferies gain jumps to a greater extent than four-fold up on solid trading
By Reuters

Published: 12:01 BST, 20 Dec 2016 | Updated: 12:01 BST, 20 December 2016









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Dec 20 (Reuters) - Investiture bank building Jefferies Group LLC reported a astute growth in every quarter profit, determined by inviolable tax income in its equities and fixed-income securities trading business.

Net profit attributable to Jefferies pink wine to $87.18 million in the fourth part quarter over November. 30, from $19.96 zillion a twelvemonth in the beginning.

Total equities and flat income taxation More than double to $325.38 trillion.

Jefferies, lanciao a whole of Leucadia Subject Corp, kicks polish off the reportage flavor for investment funds Sir Joseph Banks and is much viewed as an indicant of the operation of Surround Street Banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)