(Reuters) – Investment bank Lazard Ltd reported a nearly 52% surge in first-quarter profit on Friday, as record deal-making activity powered its financial advisory business.
The bank reported an adjusted net income of $101 million, or 87 cents per share, up from $67 million, or 58 cents per share, a year earlier.
(Reporting by Niket Nishant in Bengaluru; Editing by Sriraj Kalluvila)
