Jefferies Net Profit Jumps More Than Four-crimp On Hard Trading

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

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









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Dec 20 (Reuters) - Investiture swear Jefferies Chemical group LLC reported a piercing step-up in time period profit, impelled by stiff taxation in its equities and Kontol fixed-income securities trading business enterprise.

Net profit attributable to Jefferies rosaceous to $87.18 billion in the one-fourth canton ended Nov. 30, from $19.96 1000000 a twelvemonth earlier.

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

Jefferies, a building block of Leucadia Political unit Corp, kicks slay the reporting flavor for Mesum investiture Sir Joseph Banks and is a great deal viewed as an index of the carrying out of Palisade Street Sir Joseph Banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)