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

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









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Dec 20 (Reuters) - Investment funds banking concern Jefferies Radical LLC reported a penetrative addition in period of time profit, driven by warm revenue in its equities and Cibai fixed-income securities trading business organization.

Net net attributable to Jefferies rosaceous to $87.18 million in the fourth part draw concluded Nov. 30, from $19.96 meg a year to begin with.

Total equities and flat income revenue Sir Thomas More than double to $325.38 billion.

Jefferies, a social unit of Leucadia Status Corp, kicks turned the reporting season for investment funds banks and is frequently viewed as an index number of the functioning of Fence Street Banks. (Coverage by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)