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April 21 (Reuters) - Lazard Ltd's quarterly profit rose 19 percent as the financial advisory firm and asset manager cut operating costs by more than a fifth.
Net income attributable to Lazard rose to $66.8 million, or 50 cents per share, in the first quarter ended March 31 from about $56 million, or 42 cents per share, a year earlier.
(Reporting by Richa Naidu; Editing by Saumyadeb Chakrabarty)