Lazard flags up increased work in smaller M&A deals

Chief financial officer says increased activity in advising on mid-market M&A deals contributed towards record first quarter operating revenues

Lazard, the independent investment bank, was able to post record first quarter operating revenues due to its increased activity in smaller mergers and acquisitions and restructuring, according to the firm’s chief financial officer.

Matthieu Bucaille, who was speaking to Financial News following the firm's first quarter results, also said that it was a good recruiting environment for the firm as top bankers leave bulge bracket firms.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions