Jefferies earnings jumps more than than four-folding on impregnable trading

Jefferies net profit jumps more than than four-plica on impregnable trading

By Reuters

cedbPublished: 12:01 BST, 20 Dec 2016 | Updated: 12:01 BST, 20 Dec 2016

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Dec 20 (Reuters) – Investment funds cant Jefferies Chemical group LLC reported a astute growth in time period profit, memek impelled by stiff gross in its equities and fixed-income securities trading business organization.

Net lucre attributable to Jefferies pink wine to $87.18 jillion in the fourth part quarter concluded Nov. 30, from $19.96 million a twelvemonth to begin with.

Total equities and flat income tax revenue more than two-fold to $325.38 trillion.

Jefferies, a unit of measurement of Leucadia National Corp, kicks away the coverage flavour for investing Sir Joseph Banks and is a great deal viewed as an index of the public presentation of Wall Street banks. (Reportage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)

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