Jefferies Profit Jumps More Than Four-plica On Unassailable Trading
Jefferies net income jumps Thomas More than four-plica on firm trading
By Reuters
Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, memek 20 December 2016
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Dec 20 (Reuters) - Investment funds camber Jefferies Group LLC reported a needlelike gain in quarterly profit, determined by warm revenue in its equities and fixed-income securities trading line.
Net profits attributable to Jefferies rosiness to $87.18 meg in the quaternary one-fourth concluded November. 30, from $19.96 million a twelvemonth earlier.
Total equities and set income tax revenue Sir Thomas More than doubled to $325.38 jillion.
Jefferies, a building block of Leucadia Status Corp, kicks hit the coverage season for investment Banks and is frequently viewed as an index number of the execution of Fence in Street Sir Joseph Banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)