Lazard restructures in Australia, hands over M&A advisory business to "affiliated" firm

Lazard restructures in Australia, hands over M&A advisory business to "affiliated" firm

Photo: Scott Graham / Unsplash

Investment bank Lazard Ltd said on Friday it is reorganising its Australia operations, retaining its wealth management arm in the country in-house but handing over mergers and acquisitions advisory services to a new, “affiliated” firm.