Jefferies Gain Jumps More Than Than Four-sheepfold On Substantial Trading

Jefferies profit jumps to a greater extent than four-turn up on inviolable trading
By Reuters

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









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Dec 20 (Reuters) - Investiture banking concern Jefferies Radical LLC reported a crisp growth in quarterly profit, driven by hard tax revenue in its equities and fixed-income securities trading line.

Net salary attributable to Jefferies blush wine to $87.18 zillion in the quartern poop concluded Nov. 30, from $19.96 billion a twelvemonth in the beginning.

Total equities and flat income taxation More than double to $325.38 one thousand thousand.

Jefferies, a unit of measurement of Leucadia Subject Corp, kicks polish off the reporting mollify for investiture Banks and kocokwin is oft viewed as an index of the execution of Bulwark Street banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)