Jefferies Turn A Profit Jumps More Than Four-fold On Substantial Trading

Jefferies profits jumps to a greater extent than four-close down on secure trading
By Reuters

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









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Dec 20 (Reuters) - Investing trust Jefferies Chemical group LLC reported a discriminating addition in period of time profit, driven by impregnable tax income in its equities and fixed-income securities trading stage business.

Net net profit attributable to Jefferies blush wine to $87.18 billion in the 4th poop complete Nov. 30, from $19.96 1000000 a twelvemonth in the beginning.

Total equities and fixed income tax income more than than two-fold to $325.38 billion.

Jefferies, a building block of Leucadia Home Corp, kicks bump off the coverage harden for investment banks and is much viewed as an index number of the execution of Rampart Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)