Lazard's Q4 profit climbs on deal-making rebound

Reuters
01-30
Lazard's Q4 profit climbs on deal-making rebound

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.

(Reporting by Pritam Biswas in Bengaluru; Editing by Pooja Desai)

((Pritam.Biswas@thomsonreuters.com;))

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