Gary Parr

Gary Parr News

  • Scene Last Night: Paulson, Parr, Buckfire, Tudor, May

    Stephen Schwarzman, co-founder of Blackstone Group LP, sold stationery as a Yale undergraduate, making enough money to buy a stereo, on which he played the Four Tops and the Beatles, he recalled the other night at a reception for the Oxford-Pershing Square Graduate Scholarships.

  • Banking Industry Will Contract, Lazard’s Parr Says: Tom Keene

    The global banking industry will contract during the next few years as firms sell businesses, Lazard Ltd. Vice Chairman Gary Parr said.

  • Lazard’s Parr Says Alternative Asset Managers Will Make Markets

    Lazard Ltd. Vice Chairman Gary Parr said alternative asset managers will “make markets” as capital requirements and proprietary-trading regulations curb risk- taking at the biggest U.S. banks.

  • Lazard’s Parr Says European Officials Need Financial ‘Bazooka’

    Gary Parr, vice chairman of Lazard Ltd., said financial-services companies are $500 billion short of capital and some European banks require “meaningful capital injections.”

  • McCaughey, Oudea, Parr on Outlook for Global Banks

    Sept. 13 (Bloomberg) -- Gerald McCaughey, chief executive officer of Canadian Imperial Bank of Commerce, Frederic Oudea, chief executive officer of Societe Generale SA, and Gary Parr, vice chairman of Lazard Ltd., participate in a panel discussion about the state of the financial industry and opportunities for large, global banks. Bloomberg Markets Editor Ronald Henkoff moderates the panel at the Bloomberg Markets 50 Summit in New York. (Source: Bloomberg)

  • Scene Last Night: Krawcheck, Deborah Voigt, Lagarde’s Nietzsche

    Just as the New York Philharmonic Opening Night Gala was getting under way, Gary Parr, vice chairman at Lazard Ltd. and chairman of the New York Philharmonic, estimated that his conversations would be 98 percent about music and 2 percent about markets.

  • Main Street CEOs Hiring Marks Davos Divergence as Banks Cut

    As chief executive officer of a maker of spark plugs and wiper blades in the Detroit area, Jose Maria Alapont has struggled through the kind of collapse that few have experienced.

  • Pandit Pariah No More as U.S. Bankers in Ascendance at Davos

    Citigroup Inc.’s Vikram Pandit, leader of the U.S. bank that took the most government aid in the financial crisis and that has the worst stock performance over the past decade, is ready for a starring role at Davos.

  • Hot Cayman Address, 10 Needy Banks, UBS: Compliance

    Seagate Technology, the world’s largest maker of hard disk drives, is based in Scotts Valley, California. Yet the documents it files with the Securities and Exchange Commission list its address on South Church Street in George Town, the capital of the Cayman Islands, David Evans of Bloomberg News reports.

  • U.S. Transaction Tax, Clearinghouses, MF Global: Compliance

    Two U.S. lawmakers outlined a proposal to tax U.S. financial transactions at a rate of 0.03 percent and urged the congressional deficit-reduction panel to include the idea in their final proposal.

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