Thu, January 9, 2025
[ Thu, Jan 09th ]: AOL
Truist Securities Starts 4 Top Dividend-Paying Financials With Buy Ratings
[ Thu, Jan 09th ]: Forbes
A Leader's Guide To Navigating Meta's Deregulation Announcement
[ Thu, Jan 09th ]: Kiplinger
California Fires: How to Recover Your Important Records
[ Thu, Jan 09th ]: CNET
Traveling This Winter? Here's How to Get TSA PreCheck for Free
[ Thu, Jan 09th ]: AOL
When you will earn miles on a flight and when you won't
[ Thu, Jan 09th ]: AOL
Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit
[ Thu, Jan 09th ]: Techopedia
Big Tech Stock Predictions for 2025: Winners & Losers
[ Thu, Jan 09th ]: Observer
An American Sovereign Wealth Fund Could Be the Missing Piece in Supporting Working Families
[ Thu, Jan 09th ]: cnbctv18
Top Stories | TCS Q3 largely in-line, SIP inflows .. a new record, '90-hour work week' uproar and more
[ Thu, Jan 09th ]: Forbes
New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know
[ Thu, Jan 09th ]: Forbes
How AI Is Dialing Up Efficiency And Value In The Telecom Industry
[ Thu, Jan 09th ]: cnbctv18
What are the different types of income that are taxable in India
[ Thu, Jan 09th ]: CoinDesk
XRP May Surge 40% as 'Trump Effect' Boosts Ripple Sentiment
[ Thu, Jan 09th ]: MSN
TVS Motor, PNB Housing, Radico Khaitan, JSPL, amo .. h potential to double in three years: DAM Capital
[ Thu, Jan 09th ]: Tuko
Donald Kipkorir Sparks Reactions After Asking Govt to Print Money to Finance Public Expenditure
[ Thu, Jan 09th ]: MSN
Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY
[ Thu, Jan 09th ]: MSN
Indonesia is a 'hotspot' for Chinese companies in logistics, supply chain, SF group says
[ Thu, Jan 09th ]: Reuters
Broker McGill offers property war reinsurance for Ukraine
[ Thu, Jan 09th ]: Oneindia
Srinivasa Chakravarthy Seethala: Transforming Data Warehousing Across Key Sectors
[ Thu, Jan 09th ]: Reuters
J&J pauses US rollout of Varipulse heart device after stroke reports
[ Thu, Jan 09th ]: Reuters
Apollo to boost staffing for Japan and Asia wealth, top regional exec says
Wed, January 8, 2025
[ Wed, Jan 08th ]: KFGO
Democrats say US Senate Republicans rushing confirmation of Interior nominee Burgum
[ Wed, Jan 08th ]: Covers
Minnesota Restarts Sports Betting Debate Focused on 'Problems,' Not Perks
[ Wed, Jan 08th ]: TechRepublic
How to Pick the Right Omnichannel Contact Center
[ Wed, Jan 08th ]: cfodive
CFOs seek 'right mix' of skills for 2025: Gartner
[ Wed, Jan 08th ]: CoinTelegraph
Trash collectors in Africa earn crypto to support families with ReFi
[ Wed, Jan 08th ]: BBC
From Trump to a 'game-changing' lawsuit: Seven big climate and nature moments coming in 2025
[ Wed, Jan 08th ]: Kiplinger
Why You Should Check Your College's Financial Health
[ Wed, Jan 08th ]: GQ
7 highest paid skills to master in 2025 and earn big
[ Wed, Jan 08th ]: CNET
Yes, You Can Get Up to $4,000 Now With a Tax Refund Advance -- but It's Risky
[ Wed, Jan 08th ]: Forbes
Trump's Pick For The SBA Struggled To Run Her Own Small Business
[ Wed, Jan 08th ]: Yahoo
Commercial real estate 2025: Demand will continue in PBC for offices, shops, stores
[ Wed, Jan 08th ]: Investopedia
MCA Loan: What It Is, How It Works
[ Wed, Jan 08th ]: Reuters
China may trim fuel oil imports amid 2025 tax hike, sources say
[ Wed, Jan 08th ]: Forbes
Best Business Savings Accounts Of January 2025
[ Wed, Jan 08th ]: Forbes
Best Budgeting Apps Of January 2025
[ Wed, Jan 08th ]: manilatimes
eQ Community Properties Fund acquired properties from Ilmarinen
[ Wed, Jan 08th ]: MSN
Trump's Dubai Billionaire Ally Vows $20 Billion for Data Centers
[ Wed, Jan 08th ]: cnbctv18
GST exemption on leasehold land transfer: Implications for industry, government, and the economy
[ Wed, Jan 08th ]: MSN
OSBF secures $12.5m facility from Hampshire Trust Bank
[ Wed, Jan 08th ]: Reuters
India's Modi looks to new economic playbook as risks mount
[ Wed, Jan 08th ]: Reuters
China expands consumer trade-in scheme to revive economic growth
[ Wed, Jan 08th ]: MSN
Stock market today: Asian shares slip after Wall St slumps despite strong US economic data
BenQ Lighting
Tue, January 7, 2025
[ Tue, Jan 07th ]: MSN
Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks
[ Tue, Jan 07th ]: MSN
Bank of America CD Rates: Pros, Cons, and Current Rates
[ Tue, Jan 07th ]: Indiatimes
Sensex Today | Stock Market LIVE Updates: GIFT Ni .. y signals a muted start; Asian shares trade lower
[ Tue, Jan 07th ]: Investopedia
Top 6 Websites for Finding a Company's Financial Stats
[ Tue, Jan 07th ]: MSN
Multicoin Capital eyeing AI agents, institutional 'frenzy' in 2025

Jefferies' profit jumps on investment banking windfall

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. profit-jumps-on-investment-banking-windfall.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
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/ ]