Lazard CEO's Mission to Grow and Create Talent

The transcript discusses the dynamics of investment banking and financial advisory roles, highlighting the differences between them. It addresses the challenges in recruiting and retaining talent, especially at the associate and partner levels, and the impact of talent movement from bulge bracket firms to boutiques. The discussion also covers strategies for competing in a global market, emphasizing Lazard's unique position and mission to provide top-tier financial advice globally.

What are the implications of the turnover of talent in the investment banking industry?

How does Lazard differentiate itself from other firms in the investment banking sector?

What role does the culture of a firm play in developing talent according to the speaker?