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Lazard first-quarter profit rises 52%

April 30 (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)

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