Jefferies Group posted profit and revenue increases in its third quarter as the impact of the Brexit vote was limited but new stock and bond issuance slowed.
The investment bank unit of Leucadia National reported a profit of $41.2 million, up significantly from a profit of $2.1 million in the year-ago period, which was hit by turmoil in its oil and gas business. Net revenue, which factors out interest expenses, grew 13% to $654.5 million.
