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Lazard is having a record-breaking year amid a 'choppy' environment for M&A
Investment bank Lazard is having a record year, blowing past second-quarter revenue and profit estimates.Lazard posted $120 million in profits in the quarter, or $0.91 per share, to go along with a...
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The retail apocalypse is driving a $175 million business at Lazard
Investment bank Lazard is having a record-breaking 2017, despite choppy waters in the mergers and acquisitions market. The firm on Tuesday announced record first-half revenues of $1.35 billion, soaring...
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WALL STREET PAYDAY: Banks could reap $90 million in fees from the Gilead-Kite...
Wall Street investment banks are set to make as much as $90 million in fees from Gilead Sciences' $11.9 billion acquisition of Kite Pharma.Gilead, the maker of blockbuster hepatitis C and HIV...
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Dealmaking is off to a scorching start — and one Wall Street CEO says it...
Dealmaking is off to a hot start in 2018, with nearly $225 billion in mergers-and-acquisitions volume in January.Several ingredients are present that could keep M&A humming along, according to...
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WALL STREET PAYDAY: Banks could reap $90 million in fees from the Gilead-Kite...
Wall Street investment banks are set to make as much as $90 million in fees from Gilead Sciences' $11.9 billion acquisition of Kite Pharma.Gilead, the maker of blockbuster hepatitis C and HIV...
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Dealmaking is off to a scorching start — and one Wall Street CEO says it...
Dealmaking is off to a hot start in 2018, with nearly $225 billion in mergers-and-acquisitions volume in January.Several ingredients are present that could keep M&A humming along, according to...
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Advice for the adviser: Professional investors say Lazard should consider...
There’s a level of “frustration” among professional investors, who think investment bank Lazard is undervalued.An anonymous survey of more than 50 investment funds found many thought the bank should...
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Most of the big 2019 IPO candidates could get acquired — here's what insiders...
2018 has been a stellar year in tech mergers and acquisitions thanks to mega software deals such as IBM's $34 billion acquisition of Red Hat.While a market downturn has caused some insecurity in tech...
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The CEO of Lazard is on the lookout for asset-management deals as headwinds...
Lazard is eyeing opportunities to acquire other asset managers, CEO Ken Jacobs told Business Insider.The firm's $215 billion asset-management platform notched record revenue last year, according to its...
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A CEO at a major asset manager is downbeat on European M&A while people are...
Lazard CEO Kenneth Jacobs says the UK has been "frozen" by Brexit.One of the world's largest asset managers, Lazard sees Europe as more of a mixed picture but suggests that domestic companies are more...
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Boutique banks like Evercore and Moelis are saving tens of millions in travel...
Boutique banks' travel expenses dropped dramatically in the second quarter, reflecting the move to Zoom during the pandemic. One regulatory body clarified last week that companies can send food and...
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REVEALED: How much investment bankers get paid as they rise the ranks at...
Investment banks pay top dollar for talent, with analysts' base salaries approaching or exceeding $100,000.The median salary for Harvard Business School graduates heading into the industry was $150,000...
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A Lazard fund manager overseeing $2 billion lays out the 6 world-changing...
Summary List Placement2020 witnessed huge swings between value and growth investments; as Keynes said: "'the market can remain irrational longer than you can remain solvent."But a third option exists:...
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Lazard CEO Ken Jacobs just dropped some clues about how his firm plans to...
Summary List PlacementLazard is eyeing plans to expand its asset management unit in 2021 by scooping up teams from smaller hedge funds and asset managers.That's according to statements made by the...
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Lazard just told its incoming investment-banking summer interns their program...
Summary List PlacementAnother boutique investment bank is telling interns that they'll complete their internship program virtually this summer, but has plans for a broader return to office for all...
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Goldman Sachs, Morgan Stanley, and Citigroup have sent out offer letters for...
Summary List PlacementCitigroupDate offers went out: Offers began to be extended March 25.When the program will start: June 6, 2022, and will run for 10 weeks.Compensation: $85,000 per annum, which...
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Must-know promotions, exits, and hires at firms like Goldman Sachs, JPMorgan,...
Summary List PlacementHere's a rundown of hires, exits, and promotions from the past week. Are we missing anyone? Let us know.Joanne Choi joined Lazard's asset management business to be a managing...
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Wall Street is in a war for talent. Here's how CEOs at Evercore, Lazard, and...
Summary List PlacementDealmakers are in high demand across Wall Street.Firms such as SVB Leerink and Evercore have hired groups of bankers from top firms such as UBS and Citi, while others like Moelis...
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Lazard is boosting first-year investment-banking analyst base salary to...
Summary List PlacementLazard is raising base comp for junior investment bankers in the US, a person familiar with the matter told Insider on Tuesday.The firm is raising first-year analyst salary to...
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