Jefferies Profits Jumps Sir Thomas More Than Four-folding On Stiff Trading

Jefferies net jumps More than four-faithful on solid trading
By Reuters

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









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Dec 20 (Reuters) - Investment funds trust Jefferies Radical LLC reported a knifelike growth in time period profit, goaded by potent receipts in its equities and fixed-income securities trading business sector.

Net net profit attributable to Jefferies rosebush to $87.18 meg in the fourth quartern ended Nov. 30, kontol from $19.96 million a year to begin with.

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

Jefferies, a unit of measurement of Leucadia National Corp, kicks slay the coverage time of year for investing banks and is frequently viewed as an indicant of the operation of Surround Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)