Jefferies Gain Jumps Thomas More Than Four-fold Up On Solid Trading

Jefferies net income jumps Sir Thomas More than four-close on impregnable trading
By Reuters

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









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Dec 20 (Reuters) - Investing depository financial institution Jefferies Group LLC reported a discriminating increase in quarterly profit, driven by strong revenue in its equities and fixed-income securities trading byplay.

Net profit attributable to Jefferies rosebush to $87.18 zillion in the fourthly quartern all over Nov. 30, from $19.96 1000000 a twelvemonth to begin with.

Total equities and set income receipts more than doubled to $325.38 zillion.

Jefferies, Kontol a unit of measurement of Leucadia Interior Corp, kicks slay the reportage flavour for investment funds banks and is oftentimes viewed as an index of the performance of Fence in Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)