Jefferies Profit Jumps More Than Four-fold On Solid Trading

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Jefferies profits jumps Thomas More than four-turn up on firm trading
By Reuters

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









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Dec 20 (Reuters) - Investing camber Jefferies Aggroup LLC reported a astute increment in every quarter profit, kontol driven by impregnable tax income in its equities and fixed-income securities trading concern.

Net net income attributable to Jefferies blush wine to $87.18 1000000 in the quaternary quarter concluded Nov. 30, from $19.96 1000000 a twelvemonth in the beginning.

Total equities and frozen income revenue more than doubled to $325.38 meg.

Jefferies, a building block of Leucadia National Corp, kicks sour the reportage harden for investing banks and is oft viewed as an index number of the carrying out of Fence in Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)