Lazard Losing Two Top Executives

The video discusses Lazard's dual role as a top M&A advisor and a major asset manager, highlighting leadership changes with Alex Stern stepping down and Ashish Butani's contributions. It also covers generational shifts in finance, with long tenures becoming less common. The video concludes with a focus on the ongoing competition for talent among major financial firms like Blackstone and Goldman Sachs, even in challenging market conditions.

What dual roles does Lazard hold in the financial industry?

• Top M&A advisor and a leading bank

• Top M&A advisor and a $250 billion asset manager

• Leading bank and a $250 billion asset manager

• Top M&A advisor and a technology firm

Who is stepping down from Lazard, and what is his expected next move?

• Ashish Butani, moving to a competitor

• Alex Stern, likely to find another role on Wall Street

• Alex Stern, retiring from finance

• Peter Orszag, joining a tech startup

Under whose leadership did Lazard's asset management grow significantly?

• Ashish Butani

• Alex Stern

• Peter Orszag

• Craig Russell

What trend is being observed across Wall Street regarding employment?

• Remote work is becoming the norm

• Firms are reducing their workforce

• Long-term employment is becoming more common

• Short-term employment is increasing

Which firm is mentioned as recruiting talent from Goldman Sachs?

• Wasserstein Perella

• Blackstone

• Bloomberg

• Lazard