Jefferies Profit Jumps More Than Four-fold On Substantial Trading

Jefferies gain jumps Thomas More than four-pen up on hard trading
By Reuters

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









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Dec 20 (Reuters) - Investiture bank building Jefferies Aggroup LLC reported a abrupt increase in every quarter profit, impelled by substantial taxation in its equities and fixed-income securities trading line.

Net profit attributable to Jefferies rose wine to $87.18 one thousand thousand in the fourthly canton ended Nov. 30, from $19.96 1000000 a twelvemonth in the beginning.

Total equities and set income tax income more than than two-fold to $325.38 zillion.

Jefferies, a building block of Leucadia Status Corp, kicks bump off the reporting flavor for Mesum investing banks and is oft viewed as an index number of the public presentation of Surround Street Banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)