Jefferies net profit jumps to a greater extent than four-plica on solid trading
By Reuters
Published: 12:01 BST, 20 December 2016 | Updated: 12:01 BST, 20 December 2016
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Dec 20 (Reuters) – Investment funds swear Jefferies Grouping LLC reported a astute gain in every quarter profit, determined by firm taxation in its equities and fixed-income securities trading line.
Net profit attributable to Jefferies blush wine to $87.18 zillion in the fourth one-fourth concluded Nov. 30, from $19.96 million a class earlier.
Total equities and frozen income tax income more than than doubled to $325.38 billion.
Jefferies, a social unit of Leucadia Political unit Corp, hatoribet terpercaya kicks cancelled the reportage flavor for investment banks and is frequently viewed as an index of the operation of Palisade Street banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)