Wall Street just got another sign that investment banking is picking up

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Jefferies Financial Group News

Investment-Banking,Mergers And Acquisitions,Wall Street

Jefferies Financial Group reported results that beat expectations and cheered investors, a good sign for bigger Wall Street banks hoping for an investment...

The stock of Jefferies rose 7% in early Thursday trading after the company reported Wednesday evening that its investment-banking revenue in the second quarter rose 59% from a year ago thanks to its bond underwriting, IPO assistance and advice on mergers and acquisitions.

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