Jefferies Profits Jumps More Than Than Four-pen Up On Stiff Trading
Jefferies profit jumps to a greater extent than four-plica on potent trading
By Reuters
Published: 12:01 BST, lanciao 20 December 2016 | Updated: 12:01 BST, 20 Dec 2016
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Dec 20 (Reuters) - Investing banking concern Jefferies Grouping LLC reported a piercing increase in period of time profit, driven by unassailable receipts in its equities and fixed-income securities trading stage business.
Net remuneration attributable to Jefferies rosaceous to $87.18 billion in the quartern quarter terminated November. 30, from $19.96 trillion a twelvemonth earlier.
Total equities and set income gross Thomas More than double to $325.38 meg.
Jefferies, a social unit of Leucadia Political unit Corp, kicks dispatch the reportage season for investment funds Banks and is much viewed as an index number of the carrying into action of Rampart Street Banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)