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News 2026-09-28 20:51 UTC

Jefferies 3Q Profit Rises, Driven by Investment Banking Growth

By Elias SchisgallJefferies Financial Group had a higher profit in the third quarter, as a hot dealmaking market and growth in its capital markets revenue more than offset a decline in the company's asset management business.The investment bank on Monday reported a profit of $260.6 million, or $1.0…