Banco BPM set to hand Citi, Lazard mandate for UniCredit bid, sources say
Italian bank Banco BPM is preparing to give Citigroup and Lazard a mandate to advise over an unsolicited takeover bid by rival UniCredit , three people close to the matter said.
Lazard hires Citigroup's Miller in energy investment banking push, sources say
Lazard has hired veteran Citigroup investment banker Chris Miller as a managing director to help drive its dealmaking efforts in the energy industry, people familiar with the matter told Reuters on Tuesday.
Market will become more discriminating as policy priorities come to light, says Lazard's Ron Temple
Ronald Temple, Lazard chief market strategist, joins CNBC's 'Money Movers' to discuss expectations for markets under a new Trump administration, the potential impact of tariffs, and more.
Lazard's October AUM Declines 4.8% Sequentially on Weaker Markets
LAZ's preliminary AUM balance for October 2024 declines 4.8% on a sequential basis due to an unfavorable market.
Lazard CEO Peter Orszag: Trump's election victory will be good for our business 'temporarily'
Lazard CEO Peter Orszag joins ‘Squawk Box' to discuss President-elect Trump's election victory, impact on the markets and the economy, state of M&A, regulatory outlook, rooting out government waste, the Fed's independence, and more.
Lazard CEO Peter Orszag: It's in President-elect Trump's interest to have an independent Fed
Lazard CEO Peter Orszag joins 'Squawk Box' to discuss President-elect Trump's election victory, impact on the markets and the economy, state of M&A, regulatory outlook, rooting out government waste, the Fed's independence, and more.
Lazard: Aggressive Hiring Means Peer-Leading Growth
Lazard has been hiring more aggressively than peers, and it's helped them bag a leading quarter. The private capital advisory business is performing well, not so much on transaction volume from PE but from activity in newfound markets like secondary fund-stake deals. Other than that, overall M&A has been strong, they say, particularly in Europe, and restructuring has also been delivering very robust results.
Lazard Q3 Earnings Miss on Higher Expenses, AUM Rises Y/Y, Stock Up
A rise in LAZ's operating expenses hurt its third-quarter 2024 results. Improvement in AUM balances offers support.
Lazard, Inc. (LAZ) Q3 2024 Earnings Conference Call Transcript
Lazard, Inc. (NYSE:LAZ ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Alexandra Deignan - Head of IR, Treasury & Corporate Sustainability Peter Orszag - CEO Mary Ann Betsch - CFO Evan Russo - CEO, Asset Management Conference Call Participants Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Ryan Kenny - Morgan Stanley James Yaro - Goldman Sachs Devin Ryan - Citizens JMP Mike Brown - Wells Fargo Securities Aidan Hall - KBW Operator Good morning and welcome to Lazard's Third Quarter and First Nine Months 2024 Earnings Conference Call. This call is being recorded.
Pandemic directly caused inflation, not spending or demand, says Lazard CEO Peter Orszag
Peter Orszag, Lazard CEO, joins CNBC's 'Money Movers' to discuss Lazard earnings, inflation, the economy, and more.
Compared to Estimates, Lazard (LAZ) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Lazard (LAZ) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lazard (LAZ) Misses Q3 Earnings and Revenue Estimates
Lazard (LAZ) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.10 per share a year ago.
