World’s best bank for public-sector clients: Lazard

It may not offer capital markets services or a vast balance sheet, but Lazard has advised public-sector clients through some of the most difficult situations in recent economic history.

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© 2017 Euromoney

Also shortlisted

   Barclays

   Citi

   HSBC

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You will not find them in the debt capital markets league tables, but Lazard is the 2017 world’s best bank for public-sector clients because of its deftness at finding solutions to highly complex public-sector issues, often of central importance to the global economy.

Led by Matthieu Pigasse, vice-chairman and global head of M&A and sovereign advisory, Lazard’s public-sector franchise is a pure advisory business. 

He says: “We’re independent of any conflict of interest other banks may have – we don’t trade, we don’t provide research, we don’t lend.

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