Lazard

Lazard Ltd. is a U.S. investment bank headquartered in New York City. She is one of the world's largest investment banks with offices in 24 countries and is currently established in the 1960s, the M & A business as a specialized field of investment banking.

History

Lazard was founded in 1848 in New Orleans from the Alsatian Jewish brothers Alexandre, Simon and Elie Lazard Lazard Frères as a trading company & Co. ( initially it was a haberdashery shop ) and during the Gold Rush to San Francisco, California shifted. The three brothers had immigrated in 1848 in America. In San Francisco, they went into the gold trade and established soon after the bank with headquarters in New York.

In the second half of the 19th century more branches opened in New York and in Paris and London. 1880 acquired Alexandre Weill, a cousin of the founder, the control of the company.

In 1919 the three houses in New York, Paris and London, due to UK legislation, foreign control of companies regulated, de facto independent companies. Since 1919, Pearson was instrumental in the London house. After the Second World War there were several attempts to regroup and merge the Lazard banking, to the final unification came, however only in 2000 after the acquisition of Pearson shares.

The New York House decided after the Glass-Steagall Act of 1933, all of the investment banking business, specializing in mergers and acquisitions ( mergers and acquisitions). In this area, Lazard is still regarded as a leader.

In 2005, the company's senior executives acquired the majority of shares, and it was the company's IPO on the New York Stock Exchange. In the same year Lazard employed more than 2,500 employees in North America, Europe and Asia.

Management

• Chairman: Kenneth M. Jacobs (predecessor and "Wall Street legend " Bruce Wasserstein died in October 2009 at the age of 61 years )
• CEO: Kenneth M. Jacobs