Previous close | 0.5000 |
Open | N/A |
Bid | 0.0000 |
Ask | 0.3000 |
Strike | 42.50 |
Expiry date | 2024-08-16 |
Day's range | 0.5000 - 0.5000 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Jefferies (JEF) Q2 results reflect a marked improvement in IB revenues. So, other banks - JPMorgan (JPM), Citigroup (C) and Bank of America (BAC) - will fare resoundingly well too.
The resurgence of IB business and solid trading performance support Jefferies' (JEF) fiscal Q2 results, leading to higher net revenues. A rise in operating expenses acts as an undermining factor.