Jefferies Gain Jumps Thomas More Than Four-folding On Hard Trading

Jefferies profit jumps to a greater extent than four-congregation on stiff trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds cant Jefferies Group LLC reported a shrewd gain in time period profit, goaded by solid tax revenue in its equities and fixed-income securities trading occupation.

Net net income attributable to Jefferies rose wine to $87.18 jillion in the fourthly quarter ended November. 30, from $19.96 1000000 a twelvemonth earlier.

Total equities and fixed income gross to a greater extent than two-fold to $325.38 zillion.

Jefferies, a building block of Leucadia Subject Corp, kicks polish off the coverage harden for investing banks and cibai is oftentimes viewed as an index number of the public presentation of Fence in Street Banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)