Lazard

Lazard Ltd. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.

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Lazard reports revenue decline in Q4 2022, eyes market recovery

Lazard faced revenue declines in Q4 2022 but remains optimistic about a better second half of 2023.
Strategic investments, fee rate increases, and diversification efforts position Lazard for market recovery and growth.
Challenges include comp ratio issues, non-comp inflation, and varying activity levels in non-M&A businesses.
Opportunities lie in increased M&A activity, market environment dynamics, and talent acquisition for asset management.

Lazard reports Q1 revenue decline but eyes growth opportunities

Lazard faced revenue decline but saw growth in Asset Management amidst workforce reduction plans. The company is strategically focusing on cost-saving initiatives and restructuring to drive future profitability.
Challenges persist in predicting market recovery and dealing with expensive risk capital. However, opportunities exist in asset management outperformance and strategic M&A activities in key sectors.
Lazard's performance compared to peers shows potential for a turnaround in the restructuring business. The company's acquisitions and wealth management expansion aim to capitalize on evolving financial trends.

Lazard reports Q2 revenue decline but sees growth in AUM

Lazard faced revenue challenges in Q2 2023, with a decline in total operating revenue, but showed strength in Asset Management and sequential growth in Financial Advisory.
The company returned capital to shareholders, highlighted AUM growth, and discussed strategic initiatives like the Capital Solutions Group.
Opportunities lie in the stabilization of the M&A market, potential revenue growth in Asset Management, and strategic planning for future success.

Lazard plans revenue growth and structure change for future success

Lazard's Q3 2023 saw revenue decline, but the company is optimistic about a rebound in 2024.
CEO's vision includes doubling revenue by 2030 and converting to a U.S. corporation in 2024.
Focus on strategic investments, growth in Asset Management, and geopolitical advisory services for growth.
Efforts to manage headcount, expenses, and talent acquisition are key priorities for future success.

Lazard reports robust Q4 earnings, eyes growth in M&A and private markets

Lazard's strong financial performance in Q4 2023 underscores its strategic focus on M&A, restructuring, and asset management growth. Despite market headwinds, the company remains optimistic about future prospects, emphasizing disciplined capital allocation and expansion into private markets.

Lazard reports strong Q2 earnings, eyes global expansion opportunities

Lazard's Q2 2024 performance reflects robust revenue growth, successful deal-making, and a focus on cost efficiency and shareholder returns.
The company's strengths lie in its financial advisory records, improving economic conditions, and strategic momentum in asset management.
Challenges include managing operational costs, optimizing asset management performance, and balancing growth investments with shareholder returns.
Opportunities for Lazard include expanding market activities, introducing new products, and leveraging synergies for sustained growth and market share gains.

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Lazard, Inc. is a financial advisory and asset management firm, which engages in the provision of crafting solutions to the clients, including corporations, governments, institutions, partnerships, and individuals. It operates through the Financial Advisory and Asset Management segments. The Financial Advisory segment offers corporate, partnership, institutional, government, sovereign, and individual clients, an array of financial advisory services regarding mergers and acquisitions, restructurings, capital structure, capital raising, and corporate preparedness. The Asset Management segment provides global investment solutions and investment management services. The company was founded by Alexandre Lazard, Lazare Lazard, and Simon Lazard in 1848 and is headquartered in New York, NY.

Bear Of The Day: Lazard (LAZ)

Lazard's (LAZ) preliminary assets under management (AUM) of $236.7 billion for November 2019 reflect marginal rise from the prior month.

Lazard's (LAZ) AUM Increases in November on Higher Equity

Lazard, the global investment bank, has been quietly recruiting a ten-person team in London to head up its newly created “Venture and Growth Banking” division to match investors with European scale-ups. Unlike some investment banks, the focus of Lazard Venture and Growth Banking will include Series B and C.

Investment bank Lazard has quietly recruited a ‘Venture and Growth’ team to focus on European scale-ups

Lazard's (LAZ) Q3 results reflect fall in revenues and assets under management (AUM) balance, as well as adverse impact of elevated expenses.

Lazard (LAZ) Q3 Earnings & Revenues Fall Y/Y, Stock Down 2.9%

Lazard Ltd. (LAZ) CEO Kenneth Jacobs on Q3 2019 Results - Earnings Call Transcript

Lazard Ltd  said on Thursday it had axed about 200 employees after a review of its business, as the investment bank reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity.

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Lazard said in a statement on Sunday it had appointed Louis Girodolle as chief executive officer of Lazard Investment Banking in France.

Lazard appoints Girodolle CEO of Lazard France

HSBC Holdings

HSBC Holdings has hired U.S. investment bank Lazard Ltd  to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group.

HSBC taps Lazard to sell French retail business: source

Amid a tough operating environment and changing client preference, Lazard (LAZ) might cut jobs to maintain profitability.

Lazard's Asset Management Arm Mulls to Lay Off 60 Employees

While AllianceBernstein Holding L.P. (AB) and Lazard (LAZ) are good options with similar business trends, deeper research into their financials will help decide which would be a better investment pick.

Lazard (LAZ) or AllianceBernstein (AB): Which is Better?

Lazard's (LAZ) preliminary assets under management (AUM) of $228.8 billion for August 2019 reflect 2.6% fall from the prior month.

Lazard (LAZ) August 2019 AUM Declines on Overall Net Outflows

Lazard Ltd (LAZ) reported earnings 30 days ago. What's next for the stock?

Why Is Lazard Ltd (LAZ) Down 13.4% Since Last Earnings Report?

Lazard's (LAZ) preliminary assets under management (AUM) of $234.8 billion for July 2019 reflect 1.1% fall from the prior month.

Lazard's (LAZ) July 2019 AUM Declines on Overall Net Outflows

Lazard (LAZ) Q2 performance reflects decreased expenses and stable assets under management (AUM), partly muted by lower revenues.

Lazard (LAZ) Q2 Earnings Beat on Lower Expenses, Shares Up

Lazard Ltd. (LAZ) CEO Kenneth Jacobs on Q2 2019 Results - Earnings Call Transcript

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Continued organic growth, cost management activities and rise in assets under management are expected to drive Lazard (LAZ).

Lazard (LAZ) Shows Prudent Cost Management: Should You Buy?

Lazard's (LAZ) preliminary assets under management decline sequentially in May 2019 on account of unfavorable markets and foreign exchange depreciation.

Lazard's (LAZ) May AUM Declines 4.5% on Lower Equity Assets

Lazard (LAZ) can be a promising buy at the moment, with robust fundamentals and long-term growth opportunities.

Here's Why You Should Add Lazard Stock to Your Basket Now

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Lazard is trading at a P/E multiple of ~8.8, which is at a decade low and much lower than the broader market average.

Lazard's Financial Strength And Growing Dividend Make It A Buy

Lazard Ltd (LAZ) Down 17.9% Since Last Earnings Report: Can It Rebound?

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Recent trade war volatility has created great long-term buying opportunities in blue-chip dividend stocks, with some of my favorite companies crashing hard and fast.

A.O. Smith And Lazard: 2 Very Strong Blue Chip Buys I Just Added To My Retirement Portfolio

Lazard's (LAZ) preliminary assets under management (AUM) of $239.6 billion for April 2019 reflect 2% improvement from the prior month.

News for Lazard Stock (LAZ)