Doxology
Article Abstract:
There are plans for Lazard to be reunified, with Lazard Brothers and Lazard Freres' ownership brought together through Lazard Partners, which functions in a way similar to a holding company. The firm will be run through a committee with seven members with Michel David-Weill as chairman. The move may reflect Lazard's aim to perform better in cross-border deals. Lazard Freres operates in France and New York, and Lazard Brothers in London, with each office characterized by frugality, but also having its own culture.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Thoroughbred or also-ran? Lehman Brothers
Article Abstract:
Investment banker Lehman Brothers growth has slowed since its 1984 purchase by American Express. Although it is smaller than rival firms, it hopes to remain one of the top brokers by continuing cost cutting measures, expanding into more international investments and restructuring senior management.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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