Lazard Ltd
News and overview for Lazard Ltd
Wall of worry still strong at Dow 10,000 - MarketWatch
MarketWatch | 40 days 17 hours 30 minutes ago
Dow 10,000 sure feels a lot different on the way up than on the way down. See full story.
Lazard Names Kenneth Jacobs as CEO
ABC News | 6 days 23 hours 19 minutes ago
NEW YORK (Reuters) - Lazard Ltd named insider Kenneth Jacobs as CEO and chairman.
Lazard Promotes Kenneth Jacobs To Succeed Wasserstein As CEO
Wall Street Journal, The | 7 days 7 minutes ago
DOW JONES NEWSWIRES Lazard Ltd. (LAZ) named Kenneth M. Jacobs chairman and chief executive, promoting the leader of Lazard's North American banking effort after the death of Bruce Wasserstein, the company's famed dealmaker.
Insurance cycle to turn next year: W.R. Berkley - MarketWatch
MarketWatch | 28 days 15 hours 18 minutes ago
Bruce Wasserstein, late CEO and chairman of Lazard Ltd., discusses what the financial industry can do to prevent another "bubble." He speaks with Alan Murray at WSJ's Viewpoints Executive Breakfast Series in early June 2008.
Lazard names insider Jacobs as CEO and chairman
Philadelphia Inquirer, The | 6 days 23 hours 19 minutes ago
NEW YORK - Lazard Ltd. is naming Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein.
New Lazard chairman and CEO: Insider Kenneth Jacobs
InvestmentNews | 6 days 23 hours 4 minutes ago
Lazard Ltd. is naming Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein.
U.S. futures steady before earnings, data crush - MarketWatch
MarketWatch | 40 days 4 hours 58 minutes ago
S&P 500 futures rose nine-tenths of a point to 1,088.60 while Nasdaq 100 futures held at 1,747.70. Futures on the Dow Jones Industrial Average rose 7 points.
Jacobs Named Lazard CEO
Wall Street Journal, The | 7 days 21 minutes ago
Lazard Ltd. named Kenneth M. Jacobs as chairman and chief executive, promoting the leader of its North American banking effort after the death of Bruce Wasserstein, the company's famed dealmaker.
Lazard Board Said to Meet in Two Weeks to Consider Wasserstein Successor
Bloomberg | 38 days 8 hours 32 minutes ago
Oct. 16 (Bloomberg) -- Lazard Ltd. directors plan to convene within two weeks to consider a permanent replacement for Bruce Wasserstein, the chief executive officer who died this week at 61, said two people with knowledge of the matter.
Lazard's Golub Most Likely Successor If Wasserstein Steps Down, Cohan Says
Bloomberg | 42 days 16 hours 32 minutes ago
Oct. 12 (Bloomberg) -- Lazard Ltd. Vice Chairman Steven Golub would be the most likely successor should health issues reduce the role of Chief Executive Officer Bruce Wasserstein, according to William Cohan, who wrote a book about the firm.
Lazard Shares Dip In Frankfurt As CEO Is Taken Ill
Wall Street Journal, The | 43 days 6 hours 24 minutes ago
Of DOW JONES NEWSWIRES PARIS (Dow Jones)--Frankfurt-listed shares in investment bank Lazard Ltd. (LAZ) slipped Monday following news that Chairman and Chief Executive Bruce Wasserstein had been taken ill.
Golub Is Named Lazard's Interim Chief Executive After Death of Wasserstein
Bloomberg | 39 days 23 hours 27 minutes ago
Oct. 15 (Bloomberg) -- Steven Golub, vice chairman of Lazard Ltd., was named interim chief executive officer of the firm after the death of Bruce Wasserstein, the preeminent Wall Street dealmaker who took the bank public in 2005.
Wasserstein Death Payout: $188 Million
Wall Street Journal, The | 39 days 10 hours 5 minutes ago
The death of Lazard Ltd. Chief Executive Bruce Wasserstein will trigger the vesting of stock currently valued at $188 million, confirming Mr. Wasserstein's status as one of history's most highly paid investment bankers.
MANAGEMENT NOVEMBER 17, 2009, 9:05 A.M. ET Jacobs Named Lazard CEO
Barron's (subscription required) | 6 days 23 hours 57 minutes ago
Lazard Ltd. named Kenneth M. Jacobs as chairman and chief executive, promoting the leader of its North American banking effort after the death of Bruce Wasserstein, the company's famed dealmaker.
Wire Business News
Sacramento Bee (Calif.), The | 6 days 23 hours 29 minutes ago
NEW YORK -- Lazard Ltd. is naming Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein.
Company Overview
| Company: | Lazard Ltd |
|---|---|
| Industry: | Large-Market Investment Banking |
| Website: | http://www.lazard.com |
It's all for one and one for all at Lazard. The venerable firm (dating back to 1848 New Orleans) offers financial advisory (some 60% of sales) and asset management services from offices in some two dozen countries. Lazard provides advice in corporate restructurings and mergers & acquisitions. Industry specialties include consumer, health care, energy, real estate, media, and telecom. Its asset management operations have about $134 billion in assets under management. Lazard provides investment management to primarily institutional clients. Subsidiaries include private equity firm Fonds Partenaires-Gestion, which invests in French companies, and Lazard Frères Banque, which manages Lazard's commercial positions.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,557.2 (2008) |
|---|---|
| One-year % Growth in Sales | -18.8 (2008) |
| Net Income in U.S. Dollars (mil.) | 3.1 (2008) |
| One-year % Growth in Net Income | -98.0 (2008) |
| Number of Employees | 2,434 (2008) |
| One-year % Growth in Number of Employees | 231.2 (2008) |
| Fiscal Year-End | December |
