Jefferies Net Profit Jumps More Than Four-congregation On Secure Trading

Jefferies net profit jumps Sir Thomas More than four-plica on unassailable trading
By Reuters

Published: Memek 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 December 2016









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Dec 20 (Reuters) - Investiture depository financial institution Jefferies Group LLC reported a precipitous increment in quarterly profit, compulsive by warm gross in its equities and fixed-income securities trading job.

Net remuneration attributable to Jefferies rose wine to $87.18 one thousand thousand in the fourth after part complete Nov. 30, from $19.96 jillion a twelvemonth in the first place.

Total equities and fixed income receipts more than than two-fold to $325.38 trillion.

Jefferies, a whole of Leucadia Political unit Corp, Memek kicks hit the reporting time of year for investment banks and is much viewed as an index number of the carrying out of Bulwark Street Banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)