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Lazard is having pretty bad results on account of labour inflation, making operating leverage worse to the downside as advisory declines. Announcements have fallen a lot, and time to completion has gr

Lazard elevates financial advisory head to CEO

09:43am, Friday, 26'th May 2023
Lazard Ltd. LAZ, +1.10% on Friday named insider Peter R.
Lazard Ltd said Peter Orszag, a banker and former White House official, will take the helm as its chief executive officer on Oct. 1, when Kenneth Jacobs steps down after 14 years in the top job at the

Lazard Names Peter Orszag as Next CEO

06:45am, Friday, 26'th May 2023
The former Obama administration official is set to succeed Ken Jacobs, who will become executive chairman.
Italy's top flight soccer league has picked Lazard as adviser to assess approaches from private equity firms and banks interested in buying into Serie A's media business, two sources with knowledge of
JPMorgan Chase & Co. Chief Executive Jamie Dimon on Monday said he plans on hanging around at the top spot and that the bank's plans surrounding his time in the role were the same, following high-prof
Lazard Ltd. Chief Executive Officer Ken Jacobs plans to step aside from the investment bank's top job and be succeeded as CEO by Peter Orszag amid a slump in dealmaking and a plunge in the company's s

Lazard CEO Ken Jacobs set to step down -source

05:44pm, Thursday, 18'th May 2023
Lazard Ltd chief executive officer Ken Jacobs is expected to step down from his role and be replaced by Peter Orszag, who currently runs the investment bank's advisory unit, a person familiar with the
Lazard Ltd. LAZ, +0.56% Chief Executive Ken Jacobs is making preparations to step down from the financial-advisory and asset-management firm, the Wall Street Journal reported on Thursday.

Lazard CEO Ken Jacobs Prepares to Step Down

04:48pm, Thursday, 18'th May 2023
Advisory-unit chief Peter Orszag is expected to be the new head of the deal-advisory, asset-management firm.
Lazard's (LAZ) April AUM rises 1.1% to $234.6 billion on the back of favorable market returns.
Peter Orszag, CEO of Financial Advisory at Lazard and former OMB director under President Obama, joins 'Squawk Box' to preview President Biden's debt ceiling meeting with top congressional leaders, an
A tough operating backdrop hurts Lazard (LAZ) revenues and AUM balance in the first quarter of 2023.
Lazard (NYSE: LAZ ) layoffs are in the news as the global financial services company reveals job cuts as a way to reduce costs. Lazard spoke about the layoffs during its conference call for the first
Lazard (LAZ) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of $0.30. This compares to earnings of $1.05 per share a year ago.
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