UPDATE 3-Lazard looks to brighter 2020 after bruising dealmaking slowdown
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.
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.
Posted by Reuters
