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The retail apocalypse is driving a $175 million business at Lazard AP Investment bank Lazard is having a record-breaking 2017, despite choppy waters in the mergers and acquisitions market. The firm on Tuesday announced record first-half revenues of$1.35 billion, soaring pastanalyst expectations. The bulk of Lazard's business comes from asset management and its M&A and advisory business, which pulled in $585 million and $571 million during the first half, respectively. But don'toverlook the company's restructuring business. The unit is experiencing a resurgence ...
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