By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Countries going through a sovereign default need a debt rework mechanism that grants timely relief, even if that means finding…
By Mike Spector NEW YORK (Reuters) – David Kurtz, Lazard Ltd’s global head of restructuring, has agreed to join Hilco Global, the financial advisory firm that helps failing retailers liquidate…
By Manya Saini (Reuters) -Investment bank Lazard’s profit topped Wall Street expectations in the second quarter, and executives said that they were seeing early signs of a prolonged slump in…
NEW YORK (Reuters) – Investment bank Lazard terminated a managing director for inappropriate behavior over the weekend, according to a source familiar with the situation. Incoming CEO Peter Orszag sent…
MILAN (Reuters) – Italian boutique investment bank Equita has hired former Lazard banker Edoardo Schiavina as managing director to strengthen its industrial advisory team, it said on Tuesday. Schiavina joins…
(Reuters) – Wall Street banks are adjusting to a more sluggish economic environment by laying off staff even as they compete to retain and recruit top talent, Kenneth Jacobs, Chief…
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Ghana picked financial advisers Lazard and Global Sovereign Advisory (GSA) as it prepares for a rework of its overseas and…
(Reuters) – Lazard Ltd on Thursday reported a 34% drop in second-quarter profit as dealmaking globally stood at a fraction of last year’s record levels. The bank also said it…
COLOMBO – Representatives from heavyweight financial and legal advisers Lazard and Clifford Chance arrived in Sri Lanka to kick off the restructuring of over $12 billion in debt, the island…