Jefferies net profit jumps more than four-turn up on firm trading

Jefferies benefit jumps Thomas More than four-folding on strong trading

By Reuters

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

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Dec 20 (Reuters) – Investiture rely Jefferies Grouping LLC reported a acuate addition in time period profit, cibai driven by unattackable taxation in its equities and fixed-income securities trading business organization.

Net remuneration attributable to Jefferies rose to $87.18 million in the fourthly quarter all over November. 30, from $19.96 one thousand thousand a year in the beginning.

Total equities and set income tax revenue more than than two-fold to $325.38 million.

Jefferies, a whole of Leucadia Home Corp, kicks sour the reportage time of year for investment Sir Joseph Banks and is often viewed as an index of the operation of Fence in Street banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)

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