Kenneth Jacobs News
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U.S. Treasury Secretary Jacob J. Lew met today with about 40 corporate and finance executives including Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein, Loews Corp. CEO James Tisch and Lazard Ltd. CEO Kenneth Jacobs to discuss the global economy, a person who attended the meeting said.
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Lazard Ltd. Chief Executive Officer Kenneth Jacobs said regulatory changes to the U.S. banking industry were “necessary” and “appropriate” in the wake of the financial crisis.
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Lazard Ltd. climbed to the highest price in about 18 months after reporting profit that beat analysts’ estimates and the most annual merger-advisory revenue in four years.
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Billionaire Nelson Peltz criticized Lazard Ltd.’s pay and cost structure in meetings with senior executives before he disclosed a 5.1 percent stake in the advisory firm this week, said people familiar with the matter.
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Frank Pizzitola, a general partner at Lazard Freres & Co. who worked with such legendary figures as Andre Meyer, Michel David-Weill and Felix Rohatyn during a 21- year career at the investment bank, has died. He was 89.
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Lazard Ltd., the largest independent merger adviser, reported a 50 percent decrease in second-quarter profit as asset-management revenue declined.
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Kenneth Jacobs, chief executive officer of Lazard Ltd., talks about the global economy, the European debt crisis and banking regulations.
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Lazard Ltd., the largest independent merger adviser, fell the most since December after reporting a 99 percent plunge in fourth-quarter profit on a decrease in revenue from working on deals.
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Lazard Ltd., the largest independent merger adviser, reported first-quarter profit that beat analysts’ estimates as financial advisory fees climbed and operating revenue reached a record.
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Lazard Ltd. , the biggest independent merger adviser, reported third-quarter earnings that beat analysts’ estimates on higher revenue from advising on mergers and acquisitions.
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