Welcome to our dedicated page for Lazard news (Ticker: LAZ), a resource for investors and traders seeking the latest updates and insights on Lazard stock.
Lazard, Inc. (symbol: LAZ) is one of the world’s leading financial advisory and asset management firms. With a history that dates back to 1848, Lazard operates in 43 cities across 27 countries, including North America, Europe, Asia, Australia, Central, and South America. The firm's global presence and long-standing reputation make it a significant player in the financial services industry.
Lazard offers a wide array of services, including advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance. The company also provides comprehensive asset management services to corporations, partnerships, institutions, governments, and individuals. Notably, the firm’s revenue is nearly evenly split between financial advisory and asset management, with a strong emphasis on international equities in their asset management division.
The company's asset management business, which constitutes over 80% of its assets under management, is primarily focused on institutional clients. Geographically, Lazard generates approximately 60% of its revenue from the Americas, 35% from the EMEA region, and 5% from the Asia-Pacific.
With over 3,000 employees worldwide, Lazard continues to thrive by leveraging its deep industry expertise and global network. The firm's current projects and partnerships demonstrate its ongoing commitment to delivering high-value financial solutions. For the latest updates and relevant information about Lazard’s performance, events, and developments, you can follow their social media disclosures.
Lazard Ltd (NYSE: LAZ) has declared a quarterly dividend of $0.47 per share, payable on May 20, 2022, to stockholders of record on May 9, 2022. This announcement underscores the company's commitment to returning value to its shareholders. Operating from 40 cities across 25 countries, Lazard is a leading financial advisory and asset management firm, established in 1848, providing a range of services including mergers and acquisitions advice, restructuring, and capital raising.
Lazard Ltd (NYSE: LAZ) will announce its first-quarter 2022 results on April 28, 2022. The announcement will be available on Lazard's website. Following the release, a conference call will occur at 8:00 a.m. EDT to discuss the results. Investors can access the call via live audio or by dial-in. A replay will be available starting at 10:00 a.m. EDT on the same day. Lazard, a leading financial advisory and asset management firm, operates globally, providing services in mergers and acquisitions, restructuring, and capital raising among others.
Lazard Ltd (NYSE: LAZ) announced its preliminary assets under management (AUM) as of March 31, 2022, totaling $252.7 billion. The AUM was affected by $2.4 billion in market appreciation, $1.0 billion in foreign exchange depreciation, and net outflows of $0.3 billion. The average AUM for the quarter ended March 31, 2022, was $256.4 billion. The report reflects ongoing management strategies amidst market fluctuations and presents a mixed outlook as AUM was slightly up compared to $251.6 billion in February.
Lazard Ltd (NYSE: LAZ) announced that Evan L. Russo, CFO, will succeed Ashish Bhutani as the CEO of its Asset Management business effective
Lazard Ltd (NYSE: LAZ) reported a preliminary assets under management (AUM) total of approximately
Lazard Ltd (NYSE: LAZ) has appointed Emilio Mahuad as the new Chief Executive Officer for its Mexico Financial Advisory business, effective immediately. With over 20 years in investment banking, Mahuad brings a wealth of experience and a strong network in Latin America. He previously led Global Banking operations at UBS in Mexico and advised on transactions exceeding $50 billion. His leadership is expected to enhance Lazard's performance in the Mexican market. Lazard continues to be a key player in financial advisory across the Americas.
Lazard Ltd (NYSE: LAZ) reported preliminary assets under management (AUM) of approximately $258.7 billion as of January 31, 2022. This figure reflects market depreciation of $9.5 billion, net outflows of $4.1 billion, and foreign exchange depreciation of $1.5 billion. In comparison, AUM at the end of December 2021 was $273.7 billion, indicating a decline in total assets.
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