Lazard puts M&A feet firmly in big boys’ camp

February 5, 2014

The Wall Street firm didn’t just hit its operating margin targets for 2013. Like JPMorgan and Morgan Stanley, its bankers also raked in bumper revenue in the second half of the year as bigger deals picked up. Smaller rivals Evercore and Greenhill, meanwhile, couldn’t keep up.

Ken Moelis engineers the deal of his lifetime

March 5, 2014

The investment banker is taking his eponymous 7-year-old firm public. It may be worth some $2 bln. By stretching the limits of corporate governance, Moelis will wield exceptional control. For potential investors this is a chance to grab onto his coattails – and not much more.