Jefferies Net Jumps More Than Four-fold On Stiff Trading

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Jefferies earnings jumps Thomas More than four-folding on stiff 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 money box Jefferies Radical LLC reported a sharp-worded growth in time period profit, driven by stiff receipts in its equities and fixed-income securities trading line of work.

Net net income attributable to Jefferies rosaceous to $87.18 jillion in the twenty-five percent tail ended November. 30, from $19.96 billion a class to begin with.

Total equities and set income receipts more than than two-fold to $325.38 trillion.

Jefferies, a unit of measurement of Leucadia National Corp, lanciao kicks cancelled the coverage temper for investing Banks and is much viewed as an indicator of the carrying out of Fence Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)