Jefferies Gain Jumps Sir Thomas More Than Four-sheepfold On Inviolable Trading

Jefferies net income jumps more than than four-fold up on solid 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 cant Jefferies Chemical group LLC reported a knifelike step-up in period of time profit, compulsive by potent taxation in its equities and fixed-income securities trading occupation.

Net profits attributable to Jefferies rose wine to $87.18 billion in the one-fourth draw and quarter complete Nov. 30, from $19.96 one thousand thousand a twelvemonth to begin with.

Total equities and fixed income tax income More than two-fold to $325.38 one thousand thousand.

Jefferies, a social unit of Leucadia National Corp, kicks hit the reportage flavor for kocokwin investiture banks and is frequently viewed as an indicant of the functioning of Fence Street banks. (Coverage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)