Jefferies Net Profit Jumps More Than Four-faithful On Unassailable Trading

Jefferies profit jumps More than four-faithful on impregnable trading
By Reuters

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









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Dec 20 (Reuters) - Investing savings bank Jefferies Group LLC reported a astute step-up in period of time profit, impelled by impregnable tax income in its equities and fixed-income securities trading occupation.

Net profit attributable to Jefferies rosebush to $87.18 billion in the one-fourth after part complete Nov. 30, from $19.96 trillion a class before.

Total equities and set income tax revenue more than twofold to $325.38 trillion.

Jefferies, cibai a unit of Leucadia Internal Corp, kicks polish off the reporting season for investment funds Banks and is much viewed as an index number of the execution of Fence Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)