lazard

    By Vishesh Kumar

    | 6:45PM 5/05/2010
    Behind the reports of turmoil surrounding Europe's Greek debt crisis, investors may find an unlikely source of relief. Many big private banks are playing a more supportive and decisive role, which could be a big help given the eurozone's political gridlock.

    By Matthew Scott

    | 4:45PM 10/21/2009
    Top executives looking to ascend to the CEOs chair shouldn't count on getting there through their companies' succession plans. According to executive search firm Heidrick & Struggles (HSII), only 55 percent of Fortune 1000 companies choose to hire their successors from within. Heidrick &...

    By Douglas McIntyre

    | 5:00AM 10/16/2009
    One of the provisions in Bruce Wasserstein's comp package as CEO of Lazard (LAZ) was a payout of 4.4 million restricted shares in the investment bank upon his death. The shares have been vesting for four years according to a number of media sources. Based on the current price of Lazard's stock,...

    By Peter Cohan

    | 10:00AM 10/12/2009
    It's a ghoulish business writing about the health of public company CEOs. Nobody likes facing illness, but even with their immense wealth, top executives all end up in the same place as every other person born on this planet. Boards of directors at public companies are supposed to comply with...

    By Peter Cohan

    | 3:40PM 7/23/2009
    BusinessWeek reports that potential bidders have emerged for BusinessWeek. And who are the clever folks considering a bid for this money-losing property? There appear to be two interested parties. One is OpenGate Capital, a Los Angeles private equity firm that in October 2008 purchased TV Guide...