Wealth and Asset Management
Lazard net income plunges 91% over “elevated tax rate” in Q2 2026
Lazard has posted net income of $5m for the second quarter of 2026, a decline of 91% from $55m in the year earlier period, driven by an “elevated tax rate” and weaker revenue in its advisory operations. Average assets under management were $279bn in the second quarter of 2026,…
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