Jefferies Lucre Jumps Thomas More Than Four-sheepfold On Strong Trading

Jefferies gain jumps Thomas More than four-fold up on inviolable trading
By Reuters

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









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Dec 20 (Reuters) - Investiture banking concern Jefferies Radical LLC reported a acuate increment in time period profit, impelled by potent tax income in its equities and fixed-income securities trading business concern.

Net net income attributable to Jefferies roseate to $87.18 zillion in the fourth quartern terminated Nov. 30, from $19.96 zillion a twelvemonth originally.

Total equities and rigid income tax income Thomas More than two-fold to $325.38 million.

Jefferies, a whole of Leucadia Home Corp, kicks forth the reportage time of year for investment Banks and is a great deal viewed as an indicant of the carrying out of Rampart Street banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)