Lazard chief&#39;s head on the block
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BRUCE Wasserstein, the chief executive of Lazard, will be expected to leave if he fails to get a near-$3bn (Â£1.64bn) float of the investment bank away by next June.
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Oracle may yet prevail, but not because its target is surrendering. Digging in for a long fight is more likely. When PeopleSoft&#39;s board of directors fired Chief Executive Craig Conway on Oct. 1, Wall Street
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When Michel David-Weill, chairman of Lazard LLC, chose Bruce Wasserstein to run his mergers advisory firm in November 2001, he said his new employee was &quot;a fiercely independent and original adviser.
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Lazard LLC said it&#39;s completing an agreement between Bruce Wasserstein, who runs the company, and Chairman Michel David-Weill to take the world&#39;s biggest closely held investment bank public by the end of next year.
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Little by little, Bruce Wasserstein is pulling it off. After seven weeks of stop-and-start negotiations, the legendary New York dealmaker who runs Lazard was able to clinch a definitive
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This week, with just over a month left in office, Mario Monti, Europe&#39;s antitrust chief, faces a crucial test of his rulings against MCI and Microsoft.
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There&#39;s a new CFO in town at Red Hat Inc., and while the company continues to be perceived as one of the leading Linux providers, he&#39;s got his work cut out for him when it comes to restoring investor confidence.
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The man behind the country&#39;s biggest retail merger is best known for being secretive - and successful. By JEFF HARRINGTON, Times Staff Writer.
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Bruce Wasserstein, head of Lazard, hopes to gain board approval for his IPO plan for the bank on Tuesday and register the offering with the US regulator as soon as Wednesday, the Financial Times reported Sunday.
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âThe Last Tycoonsâ is an insiderâs history of Lazard Freres & Company, where William D. Cohan worked for six years as an investment banker.
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Fannie Mae&#39;s board of directors may have found it hard to get rid of the company&#39;s top two executives, but a difficult job remains in navigating the transition to the next senior management team.
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The chairman of the Joint Chiefs of Staff has taken a position at odds with the White House in urging Congress this week to restrict the powers of a new national intelligence
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Lazard&#39;s board is set to meet to consider a sale of shares to the public that could end a long history of private ownership at the independent investment bank and possibly buy out the bank&#39;s founding family.
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Bruce Wasserstein, head of Lazard, could sell the investment bank rather than float it on the stock market, the Observer newspaper has reported.
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Declan McCullagh has the scoop on the board room machinations that led to Craig Conway&#39;s dismissal as PeopleSoft CEO. Steven Goldby, the Symex Technologies CEO who chairs PeopleSoft&#39;s governance committee, said
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Bruce Wasserstein, head of Lazard LLC, filed today to sell $850 million of shares of the largest closely held investment banking partnership, moving toward a resolution of a feud between two powers of the financial world.
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Bruce Wasserstein&#39;s plan to sell shares of Lazard LLC, the world&#39;s largest closely held investment bank, may face opposition from the firm&#39;s 11-member board tomorrow at a meeting in Paris, people familiar with the matter said.