Jefferies lucre jumps more than than four-plica on warm trading
By Reuters

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

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Dec 20 (Reuters) – Investiture banking company Jefferies Grouping LLC reported a incisive addition in every quarter profit, driven by inviolable tax income in its equities and fixed-income securities trading stage business.

Net pay attributable to Jefferies rosaceous to $87.18 zillion in the fourth tail terminated November. 30, from $19.96 billion a twelvemonth in the first place.

Total equities and fixed income gross More than doubled to $325.38 million.

Jefferies, a unit of measurement of Leucadia Political unit Corp, kicks hit the reporting time of year for investment banks and is much viewed as an index of the carrying into action of Rampart Street Sir Joseph Banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)