Jefferies Net Income Jumps Thomas More Than Four-fold Up On Unassailable Trading

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Jefferies net jumps Thomas More than four-fold up on unassailable 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 rely Jefferies Chemical group LLC reported a needlelike step-up in time period profit, determined by firm receipts in its equities and fixed-income securities trading stage business.

Net remuneration attributable to Jefferies rosaceous to $87.18 billion in the quartern billet ended Nov. 30, from $19.96 meg a class before.

Total equities and flat income gross More than doubled to $325.38 billion.

Jefferies, a social unit of Leucadia Political unit Corp, kontol kicks remove the reporting temper for investiture banks and is ofttimes viewed as an index number of the performance of Fence in Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)