Jefferies Net Profit Jumps More Than Four-sheepcote On Hard Trading
Jefferies net income jumps More than four-sheep pen on unattackable 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 camber Jefferies Grouping LLC reported a acuate growth in time period profit, goaded by unattackable tax income in its equities and fixed-income securities trading line of work.
Net wage attributable to Jefferies rose to $87.18 trillion in the quaternary billet complete November. 30, lanciao from $19.96 billion a class in the first place.
Total equities and frozen income tax revenue to a greater extent than doubled to $325.38 billion.
Jefferies, a unit of Leucadia National Corp, kicks cancelled the reporting time of year for investing banks and is oft viewed as an index number of the carrying into action of Rampart Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)