Lazard's Q4 profit climbs on deal-making rebound
ReutersJan 30, 2025 11:32 AM
Jan 30 (Reuters) - Investment bank Lazard LAZ.N reported a rise in fourth-quarter profit on Thursday, helped by a strong performance in its advisory business.
Lazard posted a net income of $85 million, or 78 cents per share, on an adjusted basis for the three months ended Dec. 31, compared to $65 million, or 66 cents apiece, in the year-ago period.
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