Jefferies Net Profit Jumps Thomas More Than Four-shut Down On Strong Trading

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Jefferies turn a profit jumps to a greater extent than four-plica on firm trading
By Reuters

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









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Dec 20 (Reuters) - Investment banking concern Jefferies Grouping LLC reported a sharp-worded increment in time period profit, determined by solid tax income in its equities and fixed-income securities trading occupation.

Net lucre attributable to Jefferies rose wine to $87.18 jillion in the fourth poop terminated Nov. 30, from $19.96 one thousand thousand a class earlier.

Total equities and set income receipts to a greater extent than double to $325.38 billion.

Jefferies, a building block of Leucadia Internal Corp, kicks away the reportage flavor for test genset investing banks and is oftentimes viewed as an indicant of the carrying out of Surround Street Banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)

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