Thu, January 9, 2025
[ Thu, Jan 09th 2025 ]: AOL
Truist Securities Starts 4 Top Dividend-Paying Financials With Buy Ratings
[ Thu, Jan 09th 2025 ]: Forbes
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[ Thu, Jan 09th 2025 ]: Kiplinger
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[ Thu, Jan 09th 2025 ]: CNET
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[ Thu, Jan 09th 2025 ]: AOL
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[ Thu, Jan 09th 2025 ]: AOL
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[ Thu, Jan 09th 2025 ]: Techopedia
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[ Thu, Jan 09th 2025 ]: Observer
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[ Thu, Jan 09th 2025 ]: cnbctv18
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[ Thu, Jan 09th 2025 ]: Forbes
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[ Thu, Jan 09th 2025 ]: Forbes
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[ Thu, Jan 09th 2025 ]: cnbctv18
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[ Thu, Jan 09th 2025 ]: CoinDesk
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[ Thu, Jan 09th 2025 ]: MSN
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[ Thu, Jan 09th 2025 ]: Tuko
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[ Thu, Jan 09th 2025 ]: MSN
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[ Thu, Jan 09th 2025 ]: MSN
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[ Thu, Jan 09th 2025 ]: Reuters
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[ Thu, Jan 09th 2025 ]: Oneindia
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[ Thu, Jan 09th 2025 ]: Reuters
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[ Thu, Jan 09th 2025 ]: Reuters
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Wed, January 8, 2025
[ Wed, Jan 08th 2025 ]: KFGO
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[ Wed, Jan 08th 2025 ]: Covers
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[ Wed, Jan 08th 2025 ]: TechRepublic
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[ Wed, Jan 08th 2025 ]: cfodive
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[ Wed, Jan 08th 2025 ]: CoinTelegraph
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[ Wed, Jan 08th 2025 ]: BBC
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[ Wed, Jan 08th 2025 ]: Kiplinger
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[ Wed, Jan 08th 2025 ]: GQ
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[ Wed, Jan 08th 2025 ]: CNET
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[ Wed, Jan 08th 2025 ]: Forbes
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[ Wed, Jan 08th 2025 ]: Yahoo
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[ Wed, Jan 08th 2025 ]: Investopedia
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[ Wed, Jan 08th 2025 ]: Reuters
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[ Wed, Jan 08th 2025 ]: Forbes
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[ Wed, Jan 08th 2025 ]: Forbes
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[ Wed, Jan 08th 2025 ]: manilatimes
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[ Wed, Jan 08th 2025 ]: MSN
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[ Wed, Jan 08th 2025 ]: cnbctv18
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[ Wed, Jan 08th 2025 ]: MSN
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[ Wed, Jan 08th 2025 ]: Reuters
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[ Wed, Jan 08th 2025 ]: Reuters
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[ Wed, Jan 08th 2025 ]: MSN
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Tue, January 7, 2025
[ Tue, Jan 07th 2025 ]: MSN
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[ Tue, Jan 07th 2025 ]: MSN
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[ Tue, Jan 07th 2025 ]: Indiatimes
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[ Tue, Jan 07th 2025 ]: Investopedia
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[ Tue, Jan 07th 2025 ]: MSN
Multicoin Capital eyeing AI agents, institutional 'frenzy' in 2025

Jefferies' profit jumps on investment banking windfall

Jefferies Financial's profit more than tripled in the fourth quarter as the investment bank earned higher fees from advising on deals and underwriting activity remained strong, it reported on Wednesday.
Jefferies Financial Group Inc. reported a more than tripling of its quarterly profit, driven by a significant windfall in its investment banking sector. The company's net earnings for the first quarter ending November 30, 2024, reached $171.5 million, or 78 cents per share, up from $54.6 million, or 23 cents per share, in the same period the previous year. This surge was primarily fueled by a 31% increase in investment banking revenue, which amounted to $896.3 million, attributed to heightened deal-making activities. Despite a slight decrease in capital markets revenue, the overall performance was bolstered by a robust performance in advisory services, equity and debt underwriting, and a notable increase in asset management fees. However, the company also noted a rise in non-interest expenses due to higher compensation costs linked to the revenue increase.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/jefferies-profit-more-than-triples-investment-banking-windfall-2025-01-08/ ]