Lazard LA going underwater?

https://www.guggenheimsecurities.com/about/news/press-release/guggenheim-securities-hires-michael-richter-to-expand-aerospace-defense-investment-banking

Seems to be the final blow in Laz LA chapter. This follows multiple MD/ED being poached by PWP. Richter was the last sole dealmaker holding office together.

How much longer will office stay afloat? Plans already underway to relocate/chop juniors?

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Lazard LA going underwater?

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