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
A Leader's Guide To Navigating Meta's Deregulation Announcement
[ Thu, Jan 09th 2025 ]: Kiplinger
California Fires: How to Recover Your Important Records
[ Thu, Jan 09th 2025 ]: CNET
Traveling This Winter? Here's How to Get TSA PreCheck for Free
[ Thu, Jan 09th 2025 ]: AOL
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[ Thu, Jan 09th 2025 ]: AOL
Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit
[ Thu, Jan 09th 2025 ]: Techopedia
Big Tech Stock Predictions for 2025: Winners & Losers
[ Thu, Jan 09th 2025 ]: Observer
An American Sovereign Wealth Fund Could Be the Missing Piece in Supporting Working Families
[ Thu, Jan 09th 2025 ]: cnbctv18
Top Stories | TCS Q3 largely in-line, SIP inflows .. a new record, '90-hour work week' uproar and more
[ 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
XRP May Surge 40% as 'Trump Effect' Boosts Ripple Sentiment
[ Thu, Jan 09th 2025 ]: MSN
TVS Motor, PNB Housing, Radico Khaitan, JSPL, amo .. h potential to double in three years: DAM Capital
[ Thu, Jan 09th 2025 ]: Tuko
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[ Thu, Jan 09th 2025 ]: MSN
Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY
[ Thu, Jan 09th 2025 ]: MSN
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[ Thu, Jan 09th 2025 ]: Reuters
Broker McGill offers property war reinsurance for Ukraine
[ Thu, Jan 09th 2025 ]: Oneindia
Srinivasa Chakravarthy Seethala: Transforming Data Warehousing Across Key Sectors
[ Thu, Jan 09th 2025 ]: Reuters
J&J pauses US rollout of Varipulse heart device after stroke reports
[ Thu, Jan 09th 2025 ]: Reuters
Apollo to boost staffing for Japan and Asia wealth, top regional exec says
Wed, January 8, 2025
[ Wed, Jan 08th 2025 ]: KFGO
Democrats say US Senate Republicans rushing confirmation of Interior nominee Burgum
[ 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
OSBF secures $12.5m facility from Hampshire Trust Bank
[ Wed, Jan 08th 2025 ]: Reuters
India's Modi looks to new economic playbook as risks mount
[ Wed, Jan 08th 2025 ]: Reuters
China expands consumer trade-in scheme to revive economic growth
[ Wed, Jan 08th 2025 ]: MSN
Stock market today: Asian shares slip after Wall St slumps despite strong US economic data
Tue, January 7, 2025
[ Tue, Jan 07th 2025 ]: MSN
Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks
[ Tue, Jan 07th 2025 ]: MSN
Bank of America CD Rates: Pros, Cons, and Current Rates
[ 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 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/ ]