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Jefferies in blowout performance

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Jefferies Group, burned worse than its peers by market turmoil at the start of 2016, generated six times more revenue from trading in this year’s fiscal first quarter and returned to profit for the period.

RBS on track for ninth straight year of losses

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Royal Bank of Scotland looks set to announce a multi-billion pound loss for 2016, its ninth straight year wallowing in the red, while it is also being pushed to cut branches as customers flee to digital banking.

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Jefferies in blowout performance

Jefferies Group, burned worse than its peers by market turmoil at the start of 2016, generated six times more revenue from trading in this year’s fiscal first quarter and returned to profit for the period.