Lazard Ltd
News and overview for Lazard Ltd
Lazard CEO Wasserstein hospitalized - MarketWatch
MarketWatch | 27 days 2 hours 11 minutes ago
The firm characterized Wasserstein's condition as serious, but added that he is stable and recovering.
Lazard CEO Wasserstein dies, WSJ reports - MarketWatch
MarketWatch | 24 days 14 hours 52 minutes ago
Spokeswomen at the investment bank didn't immediately respond to phone calls and an email seeking comment.
Lazard CEO Wasserstein is dead, WSJ reports - MarketWatch
MarketWatch | 24 days 15 hours 9 minutes ago
U.S. stock rally propels Dow above 10,000
Lazard Ltd Reports Third-Quarter and Nine-Month 2009 Results [Press Release]
Business Wire | 11 days 24 minutes ago
Lazard Ltd (NYSE: LAZ) today announced financial results for the third quarter and first nine months ended September 30, 2009. Net income(c) on a fully exchanged basis was $52.5 million, or $0.41 per share (diluted), for the third quarter of 2009, compared to $54.8 million, or $0.44 per share (diluted), for the third quarter of 2008, and compared to $43.1 million, or $0.34 per share (diluted), for the second quarter of 2009. Net income on a fully exchanged basis was $65.9 million, or $0.53 pe...
Michael J. Castellano, Chief Financial Officer, Lazard, to Present at Keefe, Bruyette & Woods 2009 Securities Brokerage & Market Structure Conference on November 5, 2009 [Press Release]
Business Wire | 5 days 13 hours 31 minutes ago
Michael J. Castellano, Chief Financial Officer of Lazard Ltd (NYSE: LAZ), is scheduled to deliver a presentation at the Keefe, Bruyette & Woods 2009 Securities Brokerage & Market Structure Conference on Thursday, November 5, 2009, at 8:45 a.m. EST.
Lazard to Announce Third-Quarter and Nine-Month 2009 Results [Press Release]
Business Wire | 22 days 22 hours 24 minutes ago
Lazard Ltd (NYSE: LAZ) will announce its third-quarter and nine-month 2009 results in a news release to be issued before the opening of The New York Stock Exchange on Wednesday, October 28, 2009.
Lazard CEO Bruce Wasserstein dies at 61
Boston Globe, The | 24 days 5 hours 11 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. He was 61. The death of the driving force behind Lazard raises questions about the future of one of Wall Street's top mergers and acquisitions advisory firms.
Lazard Chairman & CEO Bruce Wasserstein, Age 61, Dies [Press Release]
Business Wire | 24 days 14 hours 9 minutes ago
Bruce Wasserstein, Chairman and CEO of Lazard Ltd (NYSE: LAZ), has passed away at the age of 61. Mr. Wasserstein had been hospitalized in serious condition for an irregular heartbeat. The exact cause of death has not yet been determined.
Lazard CEO's illness raises concerns on succession
Forbes | 26 days 15 hours 53 minutes ago
* Lazard succession plans have not been announced * Lazard not giving updates on CEO's conditionArticle Controlsemail
Lazard Declares Quarterly Dividend [Press Release]
Business Wire | 11 days 15 hours 24 minutes ago
Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.125 per share on its outstanding Class A common stock. The dividend is payable on November 27, 2009, to stockholders of record on November 6, 2009.
Lazard CEO Bruce Wasserstein dies
Yahoo! | 24 days 7 hours 48 minutes ago
NEW YORK (Reuters) – Bruce Wasserstein, the legendary Wall Street deal maker identified with an era of no-holds-barred takeover battles, has died at the age of 61. His death leaves major questions about the future direction and leadership of Lazard Ltd., the investment bank he headed.
Lazard CEO Bruce Wasserstein hospitalized
Boston Globe, The | 26 days 21 hours 8 minutes ago
NEW YORKBruce Wasserstein, a prominent Wall Street dealmaker and CEO of Lazard Ltd., was hospitalized with an irregular heartbeat.
Statement from Lazard [Press Release]
Business Wire | 27 days 10 hours 58 minutes ago
Bruce Wasserstein, Chairman and CEO of Lazard Ltd (NYSE: LAZ), has been hospitalized for an irregular heartbeat. His condition is serious, but he is stable and recovering. We will not be providing updates at this time.
Lazard CEO Wasserstein hospitalized for irregular heartbeat; in serious but stable condition
Sun (Baltimore), The | 26 days 23 hours 1 minute ago
Bruce Wasserstein, a prominent Wall Street dealmaker and CEO of Lazard Ltd., was hospitalized with an irregular heartbeat.
Lazard won't announce new CEO next week
Forbes | 18 days 16 hours 12 minutes ago
NEW YORK -- Lazard Ltd. said Tuesday it won't make a decision on the successor to its late CEO Bruce Wasserstein at next week's board meeting.
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 |