Lazard Deck
What does it mean that Lazard is often called the oldest independent advisory franchise on Wall Street?
Model answer
Two claims in one: oldest — founded in 1848 and in continuous operation for over 175 years; and independent — never absorbed into a universal bank, so it does not lend, hold deposits, or run large…
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More from Lazard Deck
- When and where was Lazard founded, and what was its original business?
- What were the three 'houses' of Lazard, and why do they matter to the firm's identity today?
- Who was Michel David-Weill, and what happened to Lazard's structure in 2000?
- Who was Felix Rohatyn, and what is he best known for?
- Who was André Meyer, and why does his name still come up at Lazard?
- How and when did Lazard go public, and who drove it?
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1 / 3Accounting & the 3 Statements
What are the three financial statements and what does each show?
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