July 3, 2019 / 11:12 AM / 5 months ago

Jefferies Group reports 12% rise in quarterly profit

July 3 (Reuters) - Jefferies Group LLC reported a more than 12% rise in second-quarter profit, helped by strength in its trading business.

Net earnings attributable to the financial adviser rose to $109.9 million in the quarter ended May 31, from $98 million a year earlier.

Jefferies Financial Group, earlier known as Leucadia, is the parent company of Jefferies Group LLC. (Reporting by Bharath Manjesh in Bengaluru)

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