Lazard Ltd

Lazard Ltd Reports Nine-Month and Third-Quarter 2008 Results [Press Release]
Business Wire | 34 days 10 hours 4 minutes ago
Lazard Ltd (NYSE: LAZ) today announced financial results for the first nine months and third quarter ended September 30, 2008. Net income on a fully exchanged basis, excluding a previously announced one-time, after-tax charge relating to the acquisition of Lazard Asset Management (LAM) equity units, was $135.3 million, or $1.15 per share (diluted), for the first nine months of 2008, compared to $200.1 million, or $1.72 per share (diluted), for the first nine months of 2007. Nine-month 2008 ne...

Lazard Hires Investment Bankers Fabrizio Cesario and Fr d ric Legmann in Financial Institutions Group [Press Release]
Business Wire | 6 days 12 hours 4 minutes ago
Lazard Ltd (NYSE:LAZ) today announced that Fabrizio Cesario and Frédéric Legmann will join the firm in January 2009, as Managing Directors in the Financial Institutions Group (FIG). Messrs. Cesario and Legmann, who are based in London, were formerly members of Lehman Brothers' Financial Institutions investment banking team.

Lazard Hires Alexis de Rosnay as a Vice Chairman of Lazard International [Press Release]
Business Wire | 35 days 2 hours 8 minutes ago
Lazard Ltd (NYSE:LAZ) announced today that Alexis de Rosnay will join the firm as a Vice Chairman of Lazard International and as a senior member of the firm’s global financial advisory team, effective November 12, 2008. Mr. de Rosnay, based in London, was most recently with Lehman Brothers where he was co-head of investment banking for Europe and the Middle East, and was global co-head of Healthcare investment banking.

Michael J. Castellano, Lazard's Chief Financial Officer, to Present at the Merrill Lynch Banking and Financial Services Investor Conference [Press Release]
Business Wire | 21 days 23 hours 36 minutes ago
Michael J. Castellano, Chief Financial Officer of Lazard Ltd (NYSE: LAZ), is scheduled to deliver a presentation at the Merrill Lynch Banking & Financial Services Investor Conference at the Grand Hyatt New York on Wednesday, November 12, 2008, at 3:25 pm EST.

George Bilicic to Rejoin Lazard as Chairman of Power, Utilities & Infrastructure [Press Release]
Business Wire | 35 days 41 minutes ago
Lazard Ltd (NYSE:LAZ) announced today that George Bilicic will rejoin the firm as Chairman of the Power, Utilities and Infrastructure sector and as a senior member of the firm’s North American Financial Advisory business, effective immediately. Mr. Bilicic, 45, rejoins Lazard from KKR, where he had been hired to be a Managing Director and Head of Infrastructure.

Lazard Ltd Reports First-Half and Second-Quarter 2008 Results [Press Release]
Business Wire | 125 days 10 hours 4 minutes ago
Lazard Ltd (NYSE: LAZ) today announced financial results for the first half and quarter ended June 30, 2008. Net income on a fully exchanged basis was $80.5 million, or $0.71 per share (diluted), for the first half of 2008, compared to $116.5 million, or $1.00 per share (diluted), for the first half of 2007. Net income on a fully exchanged basis was $64.6 million, or $0.54 per share (diluted) for the second quarter of 2008, compared to $61.5 million, or $0.53 per share (diluted) for the secon...

Lazard World Dividend & Income Fund Declares Year-End Distribution [Press Release]
Business Wire | 12 days 3 hours 39 minutes ago
The Board of Directors of Lazard World Dividend & Income Fund (NYSE:LOR) has authorized the Fund to declare today, a distribution of $0.1967 per share on the company’s outstanding common stock. The distribution includes the Fund’s regularly declared monthly dividend of $0.1167 and an additional dividend of $0.08, representing residual 2008 earnings. The dividend is payable on December 23, 2008 to shareholders of record on December 10, 2008. The ex-dividend date is December 8, 2008.

MBA Lazard Expands in Latin America with Opening of Peru Office [Press Release]
Business Wire | 63 days 1 hour 4 minutes ago
MBA Lazard, the leading Latin American investment-banking group, today announced that it has opened a new financial advisory office in Lima, Peru, effective immediately. The firm has hired Peruvian banker Augusto F. Barreto as Managing Director to lead the effort. The opening of the Peru office is part of MBA Lazard’s broader strategy to offer financial advisory services across Central and South America. MBA Lazard is the joint venture between Lazard Ltd (NYSE: LAZ) and MBA Group, parent comp...

Lazard Global Total Return & Income Fund Declares Year-End Distribution [Press Release]
Business Wire | 12 days 3 hours 42 minutes ago
The Board of Directors of Lazard Global Total Return & Income Fund (NYSE:LGI) has authorized the Fund to declare today, a distribution of $0.2807 per share on the company’s outstanding common stock. This distribution, from net long-term capital gains, is payable on December 23, 2008 to shareholders of record on December 10, 2008. The ex-dividend date is December 8, 2008.

Lazard to Announce Nine-Month and Third-Quarter 2008 Results [Press Release]
Business Wire | 48 days 9 hours 4 minutes ago
Lazard Ltd (NYSE: LAZ) will announce its nine-month and third-quarter 2008 results in a news release to be issued before the opening of The New York Stock Exchange on Wednesday, October 29, 2008.

Lazard Declares Quarterly Dividend [Press Release]
Business Wire | 35 days 9 hours 1 minute ago
Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has declared a quarterly dividend of $0.10 per share on its outstanding Class A common stock. The dividend is payable on November 28, 2008, to stockholders of record on November 7, 2008.

Lazard Asset Management Launches New Emerging Markets Mutual Fund [Press Release]
Business Wire | 61 days 1 hour 4 minutes ago
Lazard Asset Management (LAM) today announced the U.S. launch of the Lazard Developing Markets Equity Portfolio (NASDAQ: LDMIX, LDMOX). The new emerging markets mutual fund, available to both institutional and individual investors, uses a bottom up stock selection process and a relative growth strategy.

Lazard Middle Market Further Strengthens U.S. Financial Advisory Business [Press Release]
Business Wire | 155 days 9 hours 4 minutes ago
Lazard Middle Market (LMM), an indirect subsidiary of Lazard Ltd (NYSE: LAZ), announced today it is bolstering its middle market financial advisory efforts in the U.S.

Lazard Ltd Reports Record Full-Year and Fourth-Quarter 2007 Results [Press Release]
Business Wire | 307 days 8 hours 31 minutes ago
Lazard Ltd (NYSE: LAZ) today announced financial results for the full year and fourth quarter ended December 31, 2007.Annual net income on a fully exchanged basis increased 37% to a record $322.7 million for 2007 from $236.