Let's face it: Lehman no longer exists, Merrill is a sub of BofA, and Goldman and MS have transformed into ordinary retail banks.
For those who want to do M&A, Lazard is now the best (and most prestigious) option.
By the way, I am not associated with Lazard. (Not yet, at least)
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Well, Goldman, etc. all still do M&A. What does it matter that they are retail banks/holding companies?
what a tool prestige again without any experience
belerophon your a huge tool bag, enjoy
BOA is a top 5 investment bank...that is news (or at least in S&T/Research, I'm sure its IB is still sub par since ML might be a bit rough to integrate)
Everyone already new Lazard was up there with MS/GS...that is not news
Thanks guys. I know the prestige debate is sort of superficial, but hey, at least I won't have to work for a bank like GS or MS that will issue checks to people in North Dakota.
is there something wrong with issuing checks to people in North Dakota? Check issuance is a very profitable business.
wow you're a bigger tool than trade4size. not on b2's level yet though (WHERE IS THAT GUY)
he doesnt like the new design
haha that was funny.
i don't think being in the red is that prestigious
http://online.wsj.com/article/SB122529593088980589.html
you are obviously not a banker since you included the $192 million post-tax non-recurring charge related to their share repurchase. Excluding that, they're doing better than many others.
Precisely correct. Lazard's M&A business is doing better than that of any BB. Luckily, GS and MS will be adding some new ATMs around the world so I can withdraw my fat paycheck more easily.
As for GS and MS analysts, good luck on your M&A pitches to local grocery stores in Idaho!
I always try to be supportive of people on the board, but honestly dude, shut up. Really. Forget being associated with Lazard, you're just another clown.
Lazard is solid but current climate, M&A deals will go to banks that can help raise capital.
Goldman will always be a top tier.
Not certain about MS' future which will destroy dealflow
BofA is decent, some very strong groups, some not so great, but post Merrill will be a top shop across the board
Don't forget the Blackstones (advisory) of the world, a step up from all of the above in my opinion
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