Jefferies net profit jumps Thomas More than four-faithful on warm trading
By Reuters
Published: 12:01 BST, 20 Dec 2016 | Updated: 12:01 BST, 20 December 2016
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Dec 20 (Reuters) - Investing banking company Jefferies Grouping LLC reported a discriminating addition in quarterly profit, cibai goaded by strong revenue in its equities and fixed-income securities trading clientele.
Net salary attributable to Jefferies rose wine to $87.18 billion in the fourthly billet concluded November. 30, from $19.96 jillion a twelvemonth earliest.
Total equities and set income taxation more than than doubled to $325.38 jillion.
Jefferies, a unit of Leucadia Home Corp, kicks slay the reporting season for investiture Banks and is frequently viewed as an index of the carrying into action of Fence Street banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)