Today news
About the same in other media
21.02 - 14:33
Lazard CEO says dealmaker hiring spree is a ‘smart move’ as rivals cut back
Reading now: 495
fnlondon.comLazard's chief executive, Ken Jacobs, said that a "counter-cyclical" move by the independent investment bank to hire senior dealmakers even as larger rivals cut back was a "smart move" as he expects M&A activity to bounce back in the coming months.
Lazard's financial advisory business saw revenue decline just 7% last year to $1.7bn as larger rivals booked 50% drops in dealmaking fees in 2022. The independent investment bank has added senior dealmakers in recent months and pushed into new business lines including private credit....
Read more on fnlondon.comAbout this in other media
Binance CEO denies reports of Binance pulling back from U.S. partners ambcrypto.com /1 year ago
Terraform and CEO Do Kwon charged with fraud by SEC finextra.com /1 year ago
YouTube CEO Susan Wojcicki steps down after nine years theguardian.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Could Aptos [APT] get more gains after surging past $13 resistance?](https://finance-news.co/storage/thumbs_400/img/2023/3/3/58114_ffd.jpg)
![Can Optimism [OP] benefit from the latest Coinbase move?](https://finance-news.co/storage/thumbs_400/img/2023/3/3/58105_mu2d.jpg)