(Reuters) – Lazard Ltd on Thursday reported a 34% drop in second-quarter profit as dealmaking globally stood at a fraction of last year’s record levels.
The bank reported adjusted net income of $96 million, or 92 cents per share, for the quarter ended June 30, compared with $146 million, or $1.28 per share, a year earlier.
(Reporting by Manya Saini in Bengaluru; Editing by Shinjini Ganguli)
