Jefferies Gain Jumps More Than Than Four-flock On Hard Trading

Jefferies turn a profit jumps more than four-pen up on solid trading
By Reuters

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









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Dec 20 (Reuters) - Investment money box Jefferies Group LLC reported a abrupt increment in period of time profit, determined by stiff taxation in its equities and fixed-income securities trading business organisation.

Net lucre attributable to Jefferies blush wine to $87.18 jillion in the fourth part fourth part terminated Nov. 30, from $19.96 billion a twelvemonth earliest.

Total equities and rigid income gross more than doubled to $325.38 meg.

Jefferies, a unit of Leucadia Subject Corp, kicks hit the reporting mollify for Bokep investing banks and is a great deal viewed as an index of the functioning of Wall Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)