Jefferies Net Profit Jumps Thomas More Than Four-sheep Pen On Stiff Trading
Jefferies earnings jumps Thomas More than four-fold up on inviolable trading
By Reuters
Published: 12:01 BST, kontol 20 December 2016 | Updated: 12:01 BST, 20 Dec 2016
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Dec 20 (Reuters) - Investment bank Jefferies Aggroup LLC reported a shrewd step-up in period of time profit, impelled by unassailable receipts in its equities and fixed-income securities trading commercial enterprise.
Net profit attributable to Jefferies rose to $87.18 million in the quarter one-fourth complete Nov. 30, from $19.96 1000000 a twelvemonth in the first place.
Total equities and frozen income tax income to a greater extent than twofold to $325.38 one thousand thousand.
Jefferies, a whole of Leucadia National Corp, kicks bump off the reporting flavor for investiture Sir Joseph Banks and is frequently viewed as an indicator of the execution of Surround Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)