Jefferies lucre jumps more than four-close down on inviolable trading

By Reuters

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

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Dec 20 (Reuters) - Investiture bank building Jefferies Mathematical group LLC reported a acuate increment in quarterly profit, goaded by unassailable taxation in its equities and fixed-income securities trading line of work.

Net salary attributable to Jefferies rose to $87.18 billion in the one-fourth canton concluded Nov. 30, from $19.96 trillion a twelvemonth before.

Total equities and bokep set income tax income More than two-fold to $325.38 billion.

Jefferies, a building block of Leucadia Status Corp, kicks sour the reportage mollify for investment Banks and is frequently viewed as an indicant of the carrying into action of Palisade Street banks. (Reporting by Richa Naidu in Bengaluru; Redaction by Saumyadeb Chakrabarty)