LAZ Stock Recent News
LAZ LATEST HEADLINES
LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Will Thompson is joining the firm on 4th November 2024 as Managing Director, Healthcare. Based in London, he will join Lazard's financial advisory practice for Europe, headed by Cyrus Kapadia and Jean-Louis Girodolle, and its global healthcare group, led by David Gluckman. With his focus on Healthcare Services, Mr. Thompson's appointment further reinforces the leading position of Lazard's global franchise. Mr. Thompson's app.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) will announce its third-quarter and nine-month 2024 financial results in a press release to be issued Thursday morning, October 31, 2024. The press release will be available in the News & Announcements section of Lazard's website at www.lazard.com. Lazard will host a conference call at 8:00 a.m. ET on October 31, 2024, to discuss the company's financial results for the third quarter and first nine months of 2024. The conference call can be.
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of September 30, 2024 totaled approximately $247.7 billion. The month's AUM included market appreciation of $3.0 billion, foreign exchange appreciation of $1.5 billion and net outflows of $1.3 billion. Preliminary average AUM for the quarter ended September 30, 2024 was $246.0 billion. LAZARD, INC. ASSETS UNDER MANAGEMENT (“AUM”) (unaudited) ($ in millions) As of: Sep.
Lazard CEO Peter Orszag on the economy, impact of port strike and Middle East conflict, state of M&A
Peter Orszag, Lazard CEO and former OMB Director under President Obama, joins 'Squawk Box' to discuss the state of the economy, impact of the port strike and the Middle East conflict, the Fed's inflation fight, state of dealmaking, what he's learned in his first year as Lazard CEO, and more.
LAZ's solid revenue growth and strategic expansion efforts are likely to keep supporting its financials. However, ongoing net outflows remain a concern.
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14941 per share on the Fund's outstanding common stock. The distribution is payable on October 22, 2024 to shareholders of record on October 11, 2024. The ex-dividend date is October 11, 2024. The Fund will pay a previously declared distribution today,.
LAZ's AUM balance in August 2024 declines marginally on the back of net outflows, partially offset by market and foreign exchange appreciation.
Lazard's (LAZ) AUM balance in July 2024 improves marginally on the back of the market and foreign exchange appreciation, partially offset by net outflows.
Lazard CEO Peter Orszag discusses the latest market trends and the state of the economy.
Lazard CEO Peter Orszag joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's rate path outlook, state of the 2024 election, impact on the antitrust and regulatory environment, and more.