Bruce Wasserstein on the Board of Directors at Lazard.

Information on Bruce Wasserstein at Business Wire.

Lazard's 2nd quarter profit.

Bruce Wasserstein in Business Week.

HBR Interview with Bruce Wasserstein.

Bruce Wasserstein's company Lazard at Vault.

Bruce Wasserstein interviewed by Charlie Rose.

Internet News for Bruce Wasserstein

Bruce Wasserstein is the CEO/Chairman of the Board for Lazard Ltd.

According to the New York Times, "while other financial services companies are bleeding, the investment bank run by Bruce Wasserstein reported a 43 percent jump in its fourth-quarter profits."

Bruce Wasserstein, age 60, has served as Chairman and Chief Executive Officer of Lazard Ltd and Lazard Group since May 2005. Bruce Wasserstein has served as a director of Lazard Group since January 2002 and as a director of Lazard Ltd since April 2005. Mr. Wasserstein served as the Head of Lazard and Chairman of the Executive Committee of Lazard Group from January 2002 until May 2005. Prior to joining Lazard, Bruce Wasserstein was Executive Chairman at Dresdner Kleinwort Wasserstein from January 2001 to November 2001. Prior to joining Dresdner Kleinwort Wasserstein, he served as Chief Executive officer of Wasserstein Perella Group (an investment banking firm he co-founded) from February 1988 to January 2001, when Wasserstein Perella Group was sold to Dresdner Bank. Prior to founding Wasserstein Perella Group, Mr. Wasserstein was the Co-Head of Investment Banking at The First Boston Corporation. Prior to joining First Boston, Bruce Wasserstein was an attorney at Cravath, Swaine & Moore. Bruce Wasserstein also currently serves as Chairman of Wasserstein & Co., LP, a private merchant bank, and is a member of the Board of Directors of Harry & David Holdings, Inc.

The Financial Times reports that Lazard is one of the companies competing for inflows by rebalancing their portfolio away from regional markets and towards global mandates. In transitioning from multi-regional to global investor, Lazard Asset Management can expect a fruitful future.

From the Financial Times

Investors push for a global view

By Stephen Wilmot

Published: July 16 2008 03:00 | Last updated: July 16 2008 03:00

International exposure of London's FTSE 100 companies has been put at 68 per cent by the latest estimates.

In a world dominated by multinationals, a bias towards any one country's stock market makes little sense. Many investors, realising this, are rebalancing their portfolios away from regional towards global mandates.

Lazard Asset Management is one of the investment houses competing for these inflows - and Bill Smith, UK chief executive, stresses LAM's global credentials.

"We run most of our money in New York, London, Frankfurt and Sydney, and we have expanding operations in Tokyo and Korea," he notes.

At the end of 2005, 22 per cent of Lazard's equity assets under management were global. By March 31 this year, that figure had risen to 41 per cent.

The transition from multi-regional to global investor was an obvious one for LAM. As well as a history of managing assets on various continents, its research department has been organised along global lines since 1984.

[...truncated]

Read the rest of the article about Bruce Wasserstein's company Lazard making the transition to global company at the Financial Times.

© 2005-2008 BZ News Source. All Rights Reserved. Links pointing to other Web sites do not necessarily constitute endorsements and do not reflect the opinions or recommendations of BZ News Source, its owners, operators, and/or agents. Links are provided for entertainment and informational purposes only.