UPDATE 3-Lazard looks to brighter 2020 after bruising dealmaking slowdown
29 Jan UPDATE 3-Lazard looks to brighter 2020 after bruising dealmaking slowdown
Posted at 16:18h
in
News
by KMFSLLP
Investment bank Lazard Ltd
said on Thursday net profit in 2019 slumped by 44% year
on year, as last year’s slowdown in corporate dealmaking weighed
on earnings, but the company said fourth-quarter activity gave
grounds for optimism in 2020.
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