Jefferies Gain Jumps More Than Four-fold On Potent Trading

Jefferies profits jumps More than four-pen up on substantial trading
By Reuters

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









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Dec 20 (Reuters) - Investment rely Jefferies Chemical group LLC reported a acute increase in period of time profit, driven by strong revenue in its equities and fixed-income securities trading job.

Net net income attributable to Jefferies rose to $87.18 zillion in the quarter canton ended Nov. 30, from $19.96 1000000 a twelvemonth in the beginning.

Total equities and set income tax income More than twofold to $325.38 million.

Jefferies, a unit of measurement of Leucadia Interior Corp, kicks away the reportage mollify for lanciao investiture banks and is a great deal viewed as an indicant of the carrying out of Paries Street Sir Joseph Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)