Lazard sticks with its own advice

With the business models of many of the largest financial firms destroyed by rapid deleveraging, it suddenly looks smart to be a purveyor of independent advice. The biggest, Lazard, finds corporations, governments and other banks desperate for help in repairing their balance sheets. Peter Lee reports.

Links to sections in this article:

Just one product offered: Advice
One banker describes Lazard as “a mile wide and an inch deep, with just one product: advice.”

Counter-cyclical business: M&A
Lazard is known as a leading adviser on big-ticket M&A deals. But companies need advice today for more than just M&A.

Debt advisory and Lazard
Why would any company turn to Lazard for debt advice, when it has never been a debt provider?

Restructuring: Stern tests ahead
It is no longer just a handful of banks and equity owners involved in negotiations.

Lazard sticks with its own advice

Thanks for your interest in Euromoney!
To unlock this article:

Regulators should be upfront with taxpayers – and admit all deposits are guaranteed

The Danish Compromise tests Europe’s appetite for regulatory easing

What can US bankers really expect from Trump’s deregulation impetus?

Prem Natarajan on Capital One’s AI stairway to heaven

Lazard sticks with its own advice

Thanks for your interest in Euromoney!To unlock this article:

Regulators should be upfront with taxpayers – and admit all deposits are guaranteed

The Danish Compromise tests Europe’s appetite for regulatory easing

What can US bankers really expect from Trump’s deregulation impetus?

Prem Natarajan on Capital One’s AI stairway to heaven

Thanks for your interest in Euromoney!
To unlock this article: