Investment bank Lazard's profit surges on dealmaking recovery-March 2024-www.financetom.com

Investment bank Lazard's profit surges on dealmaking recovery

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Investment bank Lazard's profit surges on dealmaking recovery

Nov 3, 2024 3:30 PM

Oct 31 (Reuters) - Investment bank Lazard's ( LAZ )

profit surged in the third quarter, driven by an industry-wide

recovery in dealmaking.

The New York-based company reported an adjusted profit of

$40 million, or 38 cents per share, on Thursday, compared with

$10 million or 10 cents per share, a year earlier.

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