Lazard Ltd

News and overview for Lazard Ltd

Lazard: CEO Wasserstein's Condition Serious But Stable
Wall Street Journal, The | 42 days 11 hours 56 minutes ago
DOW JONES NEWSWIRES Bruce Wasserstein, chairman and chief executive of Lazard Ltd., is in "serious" condition after being hospitalized for an irregular heartbeat, the company said in a statement Monday.


MANAGEMENT NOVEMBER 17, 2009, 9:05 A.M. ET Jacobs Named Lazard CEO
Barron's (subscription required) | 6 days 27 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 names insider Jacobs as CEO and chairman - National Business - MiamiHerald.com
Miami Herald, The | 6 days 15 minutes ago
Homebuilder Hovnanian Enterprises Inc. on Wednesday said its board gave President and CEO Ara K. Hovnanian the additional title of chairman.


Wire Business News
Sacramento Bee (Calif.), The | 5 days 23 hours 59 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.


Lazard names insider Jacobs as CEO and chairman - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 6 days 13 minutes ago
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Lazard CEO Bruce Wasserstein Dies at 61
Washington Post, The | 39 days 8 hours 56 minutes ago
-- Bruce Wasserstein, the CEO of Lazard Ltd. and a prominent Wall Street dealmaker who helped negotiate some of the largest corporate takeovers in history, died Wednesday.


Lazard appoints long-timer as new CEO
Crain's New York Business | 5 days 21 hours 40 minutes ago
The investment bank promoted veteran Kenneth Jacobs to chairman and chief executive Tuesday; he will succeed the late Bruce Wasserstein.


Lazard CEO Bruce Wasserstein dies at 61 by The Associated Press
National Public Radio | 39 days 14 hours 55 minutes ago
Bruce Wasserstein, the CEO of Lazard Ltd. and a prominent Wall Street dealmaker, died Wednesday after being hospitalized earlier this week with an irregular heartbeat, a company spokeswoman said. He was 61.


Shire downgraded to hold at Lazard - MarketWatch
MarketWatch | 7 days 1 hour 35 minutes ago
SHPG.Y


UPDATE 1-MOVES-Lazard Ltd, CapitalSource Inc
Forbes | 6 days 36 minutes ago
(Adds Lazard Ltd, CapitalSource Inc and others) Article Controlsemail


Lazard's Chairman, CEO Wasserstein Is Hospitalized for Irregular Heartbeat
Bloomberg | 41 days 20 hours 58 minutes ago
Oct. 12 (Bloomberg) -- Bruce Wasserstein, chairman and chief executive officer of Lazard Ltd. and one of Wall Street's biggest dealmakers, is stable after being hospitalized with an irregular heartbeat, his company said.


UPDATE: Lazard CFO: Finding CEO 'Measured And Deliberative'
Wall Street Journal, The | 11 days 22 hours 45 minutes ago
(Updates with more background and adds share price.) By Joe Bel Bruno Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Lazard Ltd. (LAZ) Chief Financial Officer Michael J. Castellano said Wednesday the investment bank's board is in the midst of a "measured and deliberative" process of finding a new chief executive, but gave no hints about when any decision will come.


Lazard CEO Bruce Wasserstein Hospitalized for `Serious' Heart Irregularity
Bloomberg | 42 days 4 hours 59 minutes ago
Oct. 12 (Bloomberg) -- Bruce Wasserstein, chairman and chief executive officer of Lazard Ltd., is stable after being hospitalized with an irregular heartbeat, the company said.


GKN PLC - Directorate Change [Press Release]
PRNewswire | 112 days 3 hours 36 minutes ago
GKN Board Appointment


Simon Browses General Growth's Mall Assets
Wall Street Journal, The | 5 days 9 hours 23 minutes ago
Mall giant Simon Property Group Inc. has hired investment adviser Lazard Ltd. and law firm Wachtell, Lipton, Rosen & Katz to help it formulate a strategy for possibly bidding for all or part of rival General Growth Properties Inc., which is operating under Chapter 11 protection.





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524 Results

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