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Lazard
Lazard Inc. (formerly known as Lazard Ltd and Lazard Frères & Co.) is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's largest independent investment bank, with principal executive offices in New York City, Paris and London. Lazard was founded in 1848 and operates from 41 cities across 26 countries in North America, Europe, Asia, Australia, and Central and South America. The firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. History Early years On July 12, 1848, three French brothers, Alexandre Lazard, Lazare Lazard, and Simon Lazard, founded Lazard Frères & Co. as a dry goods merchant store in New Orleans, Louisiana. By 1851, Simon and tw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bruce Wasserstein
Bruce Jay Wasserstein (December 25, 1947 – October 14, 2009) was an American investment banker, businessman, and writer. He was prominent in the mergers and acquisitions industry, credited with working on 1,000 transactions with a total value of approximately $250 billion. Early life and education Wasserstein was born and raised in Midwood, Brooklyn, New York, the son of Lola (née Schleifer) and Morris Wasserstein. His father, a Ashkenazi Jew, Jewish immigrant from Second Polish Republic, pre-World War II Poland, settled in New York City and started a ribbon company. His maternal grandfather was Simon Schleifer, a Jewish teacher in the yeshiva in Wloclawek, Poland who later immigrated to Paterson, New Jersey and became a Hebrew school principal. Wasserstein had four siblings: businesswoman Sandra Wasserstein Meyer (died in 1998); Pulitzer Prize–winning playwright Wendy Wasserstein (whose daughter, Lucy Jane, he was raising at the time of his death); Abner Wasserstein (died ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michel David-Weill
Michel David-Weill (November 23, 1932 – June 16, 2022) was a French investment banker and chairman of Lazard and Eurazeo. Early life Michel David-Weill was born into a Jewish family on November 23, 1932. His father, Pierre David-Weill (1900–1975), was the chairman of Lazard Frères; his mother was Berthe Haardt. His great-grandfather, , worked at Lazard Frères, a firm co-founded by his cousins, Alexandre, Elie, and Simon Lazard.Fortune Magazine: "Assault On The House Of Lazard" by Robert Lenzner September 4, 2000 In 1900, his grandfather, David David-Weill, was named a partner. In 1927, his father became a partner. Aged 8, at th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Felix Rohatyn
Felix George Rohatyn ( ; May 29, 1928 – December 14, 2019) was an American investment banker and diplomat. He spent most of his career with Lazard, where he brokered numerous large corporate mergers and acquisitions from the 1960s through the 1990s. In 1975, he played a central role in preventing the bankruptcy of New York City as chairman of the Municipal Assistance Corporation and chief negotiator between the city, its labor unions and its creditors. Rohatyn later became an outspoken advocate for rebuilding America's infrastructure, working with politicians and business leaders to craft guiding principles for strengthening infrastructure as co-chair of the Commission on Public Infrastructure. Rohatyn was involved in efforts to form a national infrastructure bank, and assisted in the rebuilding of New York City following Hurricane Sandy as co-chair of the New York State 2100 Commission. From 1997 to 2000, Rohatyn served as United States Ambassador to France. Early life ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
André Meyer
André Benoît Mathieu Meyer (September 3, 1898 – September 9, 1979) was a French-American investment banker. Biography Meyer was born to a low-income Jewish family in Paris. As a boy, he began following the workings of the stock market and out of necessity left school at age sixteen to work as a messenger at the Paris Bourse. Ambitious, he used his time to study the intricacies of stock trading and because of personnel shortages created by so many young French men serving in the military in World War I, he was able to get a job with Baur & Fils, a small Paris bank. By 1925, his performance with the bank got him noticed by Raymond Philippe, who arranged for him to get an offer from the prestigious investment bankers Lazard Frères. Within a few years Meyer was made a partner, succeeding to Raymond Philippe. At Lazard, André Meyer organized SOVAC (''Societé pour la Vente à Crédit d'Automobiles''), a finance company that in the late twenties introduced the concept of autom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Blumenthal (banker)
George Blumenthal (April 7, 1858 – June 26, 1941) was a German-born banker who served as the head of the U.S branch of Lazard Frères. Early life Blumenthal was born into a Jewish family in Frankfurt am Main in 1858 to Hermann Blumenthal and Helene Hickel. Career Blumenthal a foreign-exchange banker was sent to the United States by Speyer family, Speyer & Co., and rose to prominence as the head of the U.S branch of Lazard Frères. He was also a partner of Lazard Frères in France. He retired from Lazard in 1901, giving up his seat on the stock exchange, and returned as a partner in 1906. He returned to the stock exchange in 1916, purchasing a seat for $63,000 (equivalent to $ today). With J. P. Morgan the elder, he was one of five bankers who saved Grover Cleveland from giving up Hard money (policy), specie payments in 1896, with their $65,000,000 gold loans. Philanthropy In New York, he served as president of the Mount Sinai Hospital, New York, Mount Sinai Hospital, where he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of cities in the European Union by population within city limits, fourth-most populous city in the European Union and the List of cities proper by population density, 30th most densely populated city in the world in 2022. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, culture, Fashion capital, fashion, and gastronomy. Because of its leading role in the French art, arts and Science and technology in France, sciences and its early adoption of extensive street lighting, Paris became known as the City of Light in the 19th century. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an official estimated population of 12,271,794 inhabitants in January 2023, or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Market
The foreign exchange market (forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. By trading volume, it is by far the largest market in the world, followed by the credit market. The main participants are the larger international banks. Financial centres function as anchors of trading between a range of multiple types of buyers and sellers around the clock, with the exception of weekends. As currencies are always traded in pairs, the market does not set a currency's absolute value, but rather determines its relative value by setting the market price of one currency if paid for with another. Example: 1 USD is worth 1.1 Euros or 1.2 Swiss Francs etc. The market works through financial institutions and operates on several levels. Behind the scenes, banks turn to a smaller number of financial firms known as "dealers", who are involve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Gold Rush
The California gold rush (1848–1855) began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California. The news of gold brought approximately 300,000 people to California from the rest of the United States and abroad. The sudden influx of gold into the money supply reinvigorated the American economy; the sudden population increase allowed California to grow rapidly into statehood in the Compromise of 1850. The gold rush had severe effects on Native Californians and accelerated the Native American population's decline from disease, starvation, and the California genocide. The effects of the gold rush were substantial. Whole indigenous societies were attacked and pushed off their lands by the gold-seekers, nicknamed "forty-niners" (referring to 1849, the peak year for gold rush immigration). Outside of California, the first to arrive were from Oregon, the Sandwich Islands (Hawaii), and Latin America in late 1848. Of the approx ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Francisco
San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of 2024, San Francisco is the List of California cities by population, fourth-most populous city in the U.S. state of California and the List of United States cities by population, 17th-most populous in the United States. San Francisco has a land area of at the upper end of the San Francisco Peninsula and is the County statistics of the United States, fifth-most densely populated U.S. county. Among U.S. cities proper with over 250,000 residents, San Francisco is ranked first by per capita income and sixth by aggregate income as of 2023. San Francisco anchors the Metropolitan statistical area#United States, 13th-most populous metropolitan statistical area in the U.S., with almost 4.6 million residents in 2023. The larger San Francisco Bay Area ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dry Goods
Dry goods is a historic term describing the type of product line a store carries, which differs by region. The term comes from the textile trade, and the shops appear to have spread with the mercantile trade across the British Empire (and Commonwealth of Nations, former British territories) as a means of bringing supplies and manufactured goods to far-flung settlements and homesteads. Starting in the mid-18th century, these stores began by selling supplies and textile goods to remote communities, and many customized the products they carried to the area's needs. This continued to be the trend well into the early 20th century. With the rise of department stores and catalog sales, the decline of dry goods stores began, and the term has largely fallen out of use. Some dry goods stores became department stores especially around the turn of the 20th century. The term goes back to the 17th century and originally referred to any goods measured in dry measure, not liquid measure, of volu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
