Finance Samples


Summary on Lazard Group LLC

Lazard GroupA brief history of the bank The bank started in 1849 when Lazard Fr?res & Co. moved to San Francisco in gold rush but expanded its business to include merchant and banking services where it also exchanged foreign currencies (Cohan 2007). Foreign exchange made the company open another office in Paris, which counselled the government on purchases of gold. In 1856, Alexandre Will, another Lazard family member and a cousin to the other three joined the three brothers in the United States and the business continued to grow.In 1876 the firm focused on financial services and in 1877 opened... Read More