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Lazard CEO Jacobs: M&A recovery will come in ‘fits and starts’

Shoots of optimism continue, but Lazard boss cautions not to expect a rapid rebound

'This is a more conducive environment for M&A than anything we've seen over the last six to 12 months' Jacobs said
'This is a more conducive environment for M&A than anything we've seen over the last six to 12 months' Jacobs said Photo: Getty Images

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Lazard's chief executive Ken Jacobs said sentiment around M&A has improved in recent months, but cautioned that any rebound in deals will come in "fits and starts" rather than a sudden boom.

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