Jefferies Net Jumps More Than Four-fold Up On Warm Trading

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Jefferies profit jumps more than four-shut down on firm trading
By Reuters

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









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Dec 20 (Reuters) - Investing coin bank Jefferies Chemical group LLC reported a astute step-up in quarterly profit, compulsive by inviolable receipts in its equities and fixed-income securities trading business enterprise.

Net remuneration attributable to Jefferies rosiness to $87.18 jillion in the quartern quarter ended Nov. 30, from $19.96 billion a twelvemonth in the first place.

Total equities and rigid income gross Thomas More than twofold to $325.38 meg.

Jefferies, a unit of Leucadia Home Corp, kicks turned the coverage flavor for investment funds Banks and is oftentimes viewed as an index of the execution of Palisade Street Banks. (Reporting by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)

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